2020 MKD to IQD Historical Review

YEARLY HIGH

29.1676 IQD

YEARLY LOW

20.7156 IQD

YEARLY AVERAGE

22.1858 IQD

2020 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.1676. Conversely, the yearly low was recorded on March 22, dropping to 20.7156.

This high-to-low spread represents a total annual volatility of 8.4519 IQD. From a start-to-finish perspective, comparing the January average rate of 21.5226 to the December average rate of 24.9210, the exchange rate registered a net change of 15.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 29.1676 was up 30.90% compared to the 2019 peak of 22.2821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145,838 IQD

2019 Average 108,384 IQD

Yearly Trough Low 103,578 IQD

Transaction Impact: A difference of 42,259.67 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

25.3140

20.5981

JanuMarcMayJulySeptNove

MKD 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 21.3014, compared to 23.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7688 points.

H1 Avg (Jan–Jun) 21.3014

H2 Avg (Jul–Dec) 23.0702

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 6.0070 IQD (High: 29.1676 / Low: 23.1606). On the other end, October was the most stable month, with a tight range of 0.3802 IQD (High: 22.9511 / Low: 22.5710).

December Spread (Volatile) ±6.0070

October Spread (Stable) ±0.3802

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 January and February, when the average rate fell by 0.4156 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 24.9210) against the same month in 2019 (average: 21.5253), the exchange rate shifted by +3.3957 (+15.78%).

2020 Avg (December) 24.9210

2019 Avg (December) 21.5253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.8819	21.3271	21.5226
February	21.4113	20.8813	21.1069
March	22.0804	20.7156	21.3771
April	21.2147	20.8310	20.9911
May	21.5274	20.8438	21.0692
June	21.9500	21.5363	21.7417
July	22.8725	21.6883	22.1491
August	23.1128	22.7171	22.8953
September	23.0782	22.4730	22.8065
October	22.9511	22.5710	22.7581
November	23.0962	22.5262	22.8912
December	29.1676	23.1606	24.9210