YEARLY HIGH
94.8973 IQD
YEARLY LOW
76.6326 IQD
YEARLY AVERAGE
77.6158 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 474,487 IQD
2019 Average 385,675 IQD
Yearly Trough Low 383,163 IQD
Transaction Impact: A difference of 91,323.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

82.3365
76.4377
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 77.1088
H2 Avg (Jul–Dec) 78.1228

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±17.8100
November Spread (Stable) ±0.2716

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3119

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 81.8450
2019 Avg (December) 77.1510

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