YEARLY HIGH
7.8905 IQD
YEARLY LOW
6.1495 IQD
YEARLY AVERAGE
6.4584 IQD

2020 LKR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 7.8905. Conversely, the yearly low was recorded on April 22, dropping to 6.1495.

This high-to-low spread represents a total annual volatility of 1.7410 IQD. From a start-to-finish perspective, comparing the January average rate of 6.5701 to the December average rate of 6.7380, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.8905 was up 15.28% compared to the 2019 peak of 6.8448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,453 IQD
2019 Average 33,345 IQD
Yearly Trough Low 30,748 IQD
Transaction Impact: A difference of 8,705.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.7903
6.1622
JanuMarcMayJulySeptNove

LKR 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 6.4248, compared to 6.4920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0671 points.

H1 Avg (Jan–Jun) 6.4248
H2 Avg (Jul–Dec) 6.4920

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 1.6358 IQD (High: 7.8905 / Low: 6.2547). On the other end, July was the most stable month, with a tight range of 0.0215 IQD (High: 6.4235 / Low: 6.4020).

December Spread (Volatile) ±1.6358
July Spread (Stable) ±0.0215

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2323 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 6.7380) against the same month in 2019 (average: 6.5743), the exchange rate shifted by +0.1636 (+2.49%).

2020 Avg (December) 6.7380
2019 Avg (December) 6.5743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5865 6.5525 6.5701
February 6.5784 6.5433 6.5620
March 6.5561 6.2739 6.4468
April 6.2925 6.1495 6.2145
May 6.4287 6.2487 6.3499
June 6.4420 6.3737 6.4057
July 6.4235 6.4020 6.4139
August 6.5204 6.4080 6.4504
September 6.4735 6.4157 6.4415
October 6.4961 6.4443 6.4632
November 6.4697 6.4187 6.4447
December 7.8905 6.2547 6.7380