YEARLY HIGH
0.4881 IQD
YEARLY LOW
0.4404 IQD
YEARLY AVERAGE
0.4638 IQD

2019 MNT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MNT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.4881. Conversely, the yearly low was recorded on December 16, dropping to 0.4404.

This high-to-low spread represents a total annual volatility of 0.0477 IQD. From a start-to-finish perspective, comparing the January average rate of 0.4855 to the December average rate of 0.4419, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4881 was down 11.25% compared to the 2018 peak of 0.5499, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,440 IQD
2018 Average 2,448 IQD
Yearly Trough Low 2,202 IQD
Transaction Impact: A difference of 238.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4899
0.4375
JanuMarcMayJulySeptNove

MNT 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 0.4818, compared to 0.4458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.4818
H2 Avg (Jul–Dec) 0.4458

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0394 IQD (High: 0.4875 / Low: 0.4481). On the other end, November was the most stable month, with a tight range of 0.0021 IQD (High: 0.4448 / Low: 0.4426).

June Spread (Volatile) ±0.0394
November Spread (Stable) ±0.0021

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 June and July, when the average rate fell by 0.0332 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4855) against the same month in 2018 (average: 0.4906), the exchange rate shifted by -0.0050 (-1.02%).

2019 Avg (January) 0.4855
2018 Avg (January) 0.4906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4881 0.4840 0.4855
February 0.4864 0.4735 0.4817
March 0.4857 0.4735 0.4800
April 0.4859 0.4738 0.4774
May 0.4873 0.4735 0.4848
June 0.4875 0.4481 0.4813
July 0.4500 0.4462 0.4481
August 0.4485 0.4411 0.4472
September 0.4487 0.4442 0.4471
October 0.4515 0.4443 0.4464
November 0.4448 0.4426 0.4438
December 0.4433 0.4404 0.4419