YEARLY HIGH
2061.7167 IQD
YEARLY LOW
1665.8101 IQD
YEARLY AVERAGE
1688.8772 IQD

2020 JOD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 2061.7167. Conversely, the yearly low was recorded on March 29, dropping to 1665.8101.

This high-to-low spread represents a total annual volatility of 395.9066 IQD. From a start-to-finish perspective, comparing the January average rate of 1681.3414 to the December average rate of 1779.3856, the exchange rate registered a net change of 5.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2061.7167 was up 22.02% compared to the 2019 peak of 1689.6158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 10,308,584 IQD
2019 Average 8,400,809 IQD
Yearly Trough Low 8,329,050 IQD
Transaction Impact: A difference of 1,979,533.14 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1789.4305
1668.8912
JanuMarcMayJulySeptNove

JOD to IQD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1680.1136, compared to 1697.6408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.5272 points.

H1 Avg (Jan–Jun) 1680.1136
H2 Avg (Jul–Dec) 1697.6408

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 383.2964 IQD (High: 2061.7167 / Low: 1678.4203). On the other end, November was the most stable month, with a tight range of 4.8100 IQD (High: 1683.2303 / Low: 1678.4203).

December Spread (Volatile) ±383.2964
November Spread (Stable) ±4.8100

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.7413 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1779.3856) against the same month in 2019 (average: 1680.2215), the exchange rate shifted by +99.1640 (+5.90%).

2020 Avg (December) 1779.3856
2019 Avg (December) 1680.2215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1692.4360 1678.4203 1681.3414
February 1683.5694 1678.4203 1680.7445
March 1693.9926 1665.8101 1680.0787
April 1686.0851 1677.7151 1679.7941
May 1684.1164 1675.3255 1678.9361
June 1682.6296 1677.0011 1679.7865
July 1683.6327 1678.4203 1680.9703
August 1688.6348 1678.4203 1682.8337
September 1684.6694 1677.0099 1681.0924
October 1688.7224 1677.7151 1680.9358
November 1683.2303 1678.4203 1680.6268
December 2061.7167 1678.4203 1779.3856