2020 MUR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |