YEARLY HIGH
1.6585 IQD
YEARLY LOW
1.5045 IQD
YEARLY AVERAGE
1.6229 IQD

2019 MWK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 1.6585. Conversely, the yearly low was recorded on January 2, dropping to 1.5045.

This high-to-low spread represents a total annual volatility of 0.1539 IQD. From a start-to-finish perspective, comparing the January average rate of 1.6296 to the December average rate of 1.6239, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6585 was down 0.30% compared to the 2018 peak of 1.6634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,292 IQD
2018 Average 8,157 IQD
Yearly Trough Low 7,523 IQD
Transaction Impact: A difference of 769.74 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6521
1.5662
JanuMarcMayJulySeptNove

MWK 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 1.6274, compared to 1.6184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 1.6274
H2 Avg (Jul–Dec) 1.6184

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1465 IQD (High: 1.6511 / Low: 1.5045). On the other end, February was the most stable month, with a tight range of 0.0071 IQD (High: 1.6395 / Low: 1.6324).

January Spread (Volatile) ±0.1465
February Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0679 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.6450) against the same month in 2018 (average: 1.6503), the exchange rate shifted by -0.0054 (-0.32%).

2019 Avg (May) 1.6450
2018 Avg (May) 1.6503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6511 1.5045 1.6296
February 1.6395 1.6324 1.6356
March 1.6490 1.6332 1.6403
April 1.6470 1.6213 1.6371
May 1.6585 1.6171 1.6450
June 1.6528 1.5090 1.5771
July 1.6073 1.5547 1.5734
August 1.6420 1.5545 1.6262
September 1.6583 1.6079 1.6366
October 1.6330 1.6203 1.6257
November 1.6301 1.6196 1.6244
December 1.6414 1.6061 1.6239