YEARLY HIGH
0.5130 IQD
YEARLY LOW
0.4140 IQD
YEARLY AVERAGE
0.4265 IQD

2020 MNT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5130. Conversely, the yearly low was recorded on September 25, dropping to 0.4140.

This high-to-low spread represents a total annual volatility of 0.0990 IQD. From a start-to-finish perspective, comparing the January average rate of 0.4410 to the December average rate of 0.4422, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5130 was up 5.11% compared to the 2019 peak of 0.4881, 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 2,565 IQD
2019 Average 2,318 IQD
Yearly Trough Low 2,070 IQD
Transaction Impact: A difference of 494.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4447
0.4142
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 0.4306, compared to 0.4224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.4306
H2 Avg (Jul–Dec) 0.4224

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0965 IQD (High: 0.5130 / Low: 0.4165). On the other end, August was the most stable month, with a tight range of 0.0025 IQD (High: 0.4204 / Low: 0.4179).

December Spread (Volatile) ±0.0965
August Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4422) against the same month in 2019 (average: 0.4419), the exchange rate shifted by +0.0003 (+0.06%).

2020 Avg (December) 0.4422
2019 Avg (December) 0.4419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4444 0.4397 0.4410
February 0.4408 0.4317 0.4339
March 0.4355 0.4273 0.4317
April 0.4318 0.4265 0.4279
May 0.4279 0.4242 0.4259
June 0.4257 0.4213 0.4232
July 0.4221 0.4180 0.4203
August 0.4204 0.4179 0.4189
September 0.4190 0.4140 0.4167
October 0.4204 0.4160 0.4181
November 0.4203 0.4166 0.4185
December 0.5130 0.4165 0.4422