YEARLY HIGH
1.3461 IQD
YEARLY LOW
0.9438 IQD
YEARLY AVERAGE
1.0169 IQD

2020 KRW to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.3461. Conversely, the yearly low was recorded on March 23, dropping to 0.9438.

This high-to-low spread represents a total annual volatility of 0.4024 IQD. From a start-to-finish perspective, comparing the January average rate of 1.0223 to the December average rate of 1.1528, the exchange rate registered a net change of 12.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3461 was up 25.06% compared to the 2019 peak of 1.0764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,730,618 IQD
2019 Average 5,114,747 IQD
Yearly Trough Low 4,718,776 IQD
Transaction Impact: A difference of 2,011,842.44 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1713
0.9499
JanuMarcMayJulySeptNove

KRW 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 0.9881, compared to 1.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0575 points.

H1 Avg (Jan–Jun) 0.9881
H2 Avg (Jul–Dec) 1.0456

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.2711 IQD (High: 1.3461 / Low: 1.0750). On the other end, July was the most stable month, with a tight range of 0.0134 IQD (High: 1.0021 / Low: 0.9887).

December Spread (Volatile) ±0.2711
July Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0251 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1528) against the same month in 2019 (average: 1.0166), the exchange rate shifted by +0.1362 (+13.40%).

2020 Avg (December) 1.1528
2019 Avg (December) 1.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0389 0.9950 1.0223
February 1.0125 0.9787 0.9973
March 1.0081 0.9438 0.9798
April 0.9849 0.9626 0.9741
May 0.9776 0.9592 0.9684
June 0.9994 0.9746 0.9868
July 1.0021 0.9887 0.9939
August 1.0113 0.9963 1.0049
September 1.0250 1.0017 1.0119
October 1.0591 1.0198 1.0416
November 1.0789 1.0469 1.0686
December 1.3461 1.0750 1.1528