YEARLY HIGH
0.5935 IQD
YEARLY LOW
0.5180 IQD
YEARLY AVERAGE
0.5580 IQD

2010 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5935. Conversely, the yearly low was recorded on July 3, dropping to 0.5180.

This high-to-low spread represents a total annual volatility of 0.0755 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5694 to the December average rate of 0.5546, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,967 IQD
Yearly Average 2,790 IQD
Yearly Trough Low 2,590 IQD
Transaction Impact: A difference of 377.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.5921
0.5247
JanuMarcMayJulySeptNove

MGA 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 0.5528, compared to 0.5633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.5528
H2 Avg (Jul–Dec) 0.5633

Volatility Range Comparison

Volatility

The most volatile month in 2010 was August, with a trading range of 0.0474 IQD (High: 0.5762 / Low: 0.5288). On the other end, October was the most stable month, with a tight range of 0.0083 IQD (High: 0.5906 / Low: 0.5823).

August Spread (Volatile) ±0.0474
October Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0319 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for November 2010 is 0.5865.

2010 Avg (November) 0.5865
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5892 0.5467 0.5694
February 0.5507 0.5361 0.5424
March 0.5649 0.5334 0.5438
April 0.5774 0.5472 0.5633
May 0.5734 0.5513 0.5630
June 0.5502 0.5180 0.5346
July 0.5395 0.5180 0.5303
August 0.5762 0.5288 0.5430
September 0.5849 0.5710 0.5804
October 0.5906 0.5823 0.5852
November 0.5935 0.5761 0.5865
December 0.5795 0.5442 0.5546