YEARLY HIGH
0.4880 IQD
YEARLY LOW
0.3152 IQD
YEARLY AVERAGE
0.3282 IQD

2019 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.4880. Conversely, the yearly low was recorded on September 24, dropping to 0.3152.

This high-to-low spread represents a total annual volatility of 0.1729 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3348 to the December average rate of 0.3321, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4880 was up 26.74% compared to the 2018 peak of 0.3851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,440 IQD
2018 Average 1,783 IQD
Yearly Trough Low 1,576 IQD
Transaction Impact: A difference of 864.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3389
0.3164
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 0.3319, compared to 0.3245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.3319
H2 Avg (Jul–Dec) 0.3245

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1655 IQD (High: 0.4880 / Low: 0.3226). On the other end, June was the most stable month, with a tight range of 0.0041 IQD (High: 0.3283 / Low: 0.3243).

December Spread (Volatile) ±0.1655
June Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0064 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.3321) against the same month in 2018 (average: 0.3356), the exchange rate shifted by -0.0034 (-1.02%).

2019 Avg (December) 0.3321
2018 Avg (December) 0.3356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3423 0.3268 0.3348
February 0.3443 0.3294 0.3370
March 0.3405 0.3326 0.3362
April 0.3349 0.3265 0.3298
May 0.3307 0.3240 0.3270
June 0.3283 0.3243 0.3264
July 0.3296 0.3247 0.3275
August 0.3255 0.3194 0.3230
September 0.3207 0.3152 0.3183
October 0.3269 0.3193 0.3231
November 0.3298 0.3183 0.3229
December 0.4880 0.3226 0.3321