2020 MDL to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MDL to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MDL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 85.2481. Conversely, the yearly low was recorded on April 6, dropping to 63.8360.
This high-to-low spread represents a total annual volatility of 21.4121 IQD. From a start-to-finish perspective, comparing the January average rate of 68.6169 to the December average rate of 73.3667, the exchange rate registered a net change of 6.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 85.2481 was up 21.61% compared to the 2019 peak of 70.1019, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MDL to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.7299, compared to 71.2689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5391 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 16.4521 IQD (High: 85.2481 / Low: 68.7960). On the other end, October was the most stable month, with a tight range of 0.9421 IQD (High: 70.9613 / Low: 70.0192).
Growth Streaks & Declines
TrendsBetween 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 1.7494 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 73.3667) against the same month in 2019 (average: 69.0235), the exchange rate shifted by +4.3432 (+6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.7584 | 67.4149 | 68.6169 |
| February | 69.2122 | 66.8003 | 67.8755 |
| March | 69.1022 | 65.5174 | 67.4665 |
| April | 67.6621 | 63.8360 | 65.7171 |
| May | 68.2498 | 66.4058 | 67.2898 |
| June | 70.2215 | 68.4521 | 69.4134 |
| July | 72.0814 | 69.1388 | 70.3245 |
| August | 72.6174 | 71.5227 | 72.1317 |
| September | 72.4898 | 70.5577 | 71.7045 |
| October | 70.9613 | 70.0192 | 70.4748 |
| November | 70.1557 | 69.0256 | 69.6114 |
| December | 85.2481 | 68.7960 | 73.3667 |