YEARLY HIGH
37.0348 IQD
YEARLY LOW
29.5252 IQD
YEARLY AVERAGE
30.5548 IQD

2020 MUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 37.0348. Conversely, the yearly low was recorded on May 19, dropping to 29.5252.

This high-to-low spread represents a total annual volatility of 7.5096 IQD. From a start-to-finish perspective, comparing the January average rate of 32.5816 to the December average rate of 31.8559, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 37.0348 was up 5.29% compared to the 2019 peak of 35.1745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,174 IQD
2019 Average 167,513 IQD
Yearly Trough Low 147,626 IQD
Transaction Impact: A difference of 37,547.91 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32.8602
29.5176
JanuMarcMayJulySeptNove

MUR 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 30.8752, compared to 30.2345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6407 points.

H1 Avg (Jan–Jun) 30.8752
H2 Avg (Jul–Dec) 30.2345

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 7.3670 IQD (High: 37.0348 / Low: 29.6677). On the other end, August was the most stable month, with a tight range of 0.3398 IQD (High: 30.1542 / Low: 29.8145).

December Spread (Volatile) ±7.3670
August Spread (Stable) ±0.3398

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 31.8559) against the same month in 2019 (average: 32.5972), the exchange rate shifted by -0.7413 (-2.27%).

2020 Avg (December) 31.8559
2019 Avg (December) 32.5972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.8842 32.3023 32.5816
February 32.5048 31.5686 32.0181
March 32.1815 29.8549 31.0151
April 30.4283 29.7410 30.0231
May 30.0280 29.5252 29.8170
June 30.0500 29.5625 29.7961
July 30.0885 29.5426 29.8257
August 30.1542 29.8145 30.0405
September 30.2649 29.7126 29.9529
October 30.0340 29.6564 29.8772
November 30.0229 29.6269 29.8550
December 37.0348 29.6677 31.8559