YEARLY HIGH
0.8080 IQD
YEARLY LOW
0.7691 IQD
YEARLY AVERAGE
0.7830 IQD

2019 MMK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8080. Conversely, the yearly low was recorded on February 13, dropping to 0.7691.

This high-to-low spread represents a total annual volatility of 0.0389 IQD. From a start-to-finish perspective, comparing the January average rate of 0.7773 to the December average rate of 0.7945, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8080 was down 10.44% compared to the 2018 peak of 0.9022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,040 IQD
2018 Average 4,146 IQD
Yearly Trough Low 3,846 IQD
Transaction Impact: A difference of 194.61 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7962
0.7756
JanuMarcMayJulySeptNove

MMK 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 0.7806, compared to 0.7853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.7806
H2 Avg (Jul–Dec) 0.7853

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0205 IQD (High: 0.8080 / Low: 0.7875). On the other end, July was the most stable month, with a tight range of 0.0066 IQD (High: 0.7910 / Low: 0.7844).

December Spread (Volatile) ±0.0205
July Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.7945) against the same month in 2018 (average: 0.7607), the exchange rate shifted by +0.0338 (+4.45%).

2019 Avg (December) 0.7945
2018 Avg (December) 0.7607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7890 0.7703 0.7773
February 0.7882 0.7691 0.7792
March 0.7878 0.7721 0.7819
April 0.7923 0.7754 0.7857
May 0.7853 0.7721 0.7781
June 0.7864 0.7773 0.7814
July 0.7910 0.7844 0.7879
August 0.7902 0.7819 0.7861
September 0.7843 0.7749 0.7789
October 0.7844 0.7750 0.7782
November 0.7924 0.7819 0.7864
December 0.8080 0.7875 0.7945