2020 MVR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 94.8973. Conversely, the yearly low was recorded on May 3, dropping to 76.6326.
This high-to-low spread represents a total annual volatility of 18.2647 IQD. From a start-to-finish perspective, comparing the January average rate of 77.1313 to the December average rate of 81.8450, the exchange rate registered a net change of 6.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 94.8973 was up 22.08% compared to the 2019 peak of 77.7333, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MVR 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 77.1088, compared to 78.1228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0141 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 17.8100 IQD (High: 94.8973 / Low: 77.0874). On the other end, November was the most stable month, with a tight range of 0.2716 IQD (High: 77.4942 / Low: 77.2226).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.3119 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 81.8450) against the same month in 2019 (average: 77.1510), the exchange rate shifted by +4.6939 (+6.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.6658 | 76.9728 | 77.1313 |
| February | 77.4845 | 76.7247 | 77.1141 |
| March | 77.5912 | 76.6753 | 77.1115 |
| April | 77.6256 | 77.0052 | 77.2411 |
| May | 77.2840 | 76.6326 | 76.9292 |
| June | 77.4449 | 76.7247 | 77.1252 |
| July | 77.5127 | 77.2226 | 77.3707 |
| August | 77.7430 | 77.2226 | 77.4414 |
| September | 77.5604 | 77.2078 | 77.3690 |
| October | 77.7470 | 77.1901 | 77.3602 |
| November | 77.4942 | 77.2226 | 77.3507 |
| December | 94.8973 | 77.0874 | 81.8450 |