YEARLY HIGH
1.9056 IQD
YEARLY LOW
1.5411 IQD
YEARLY AVERAGE
1.6092 IQD

2020 MWK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1.9056. Conversely, the yearly low was recorded on December 2, dropping to 1.5411.

This high-to-low spread represents a total annual volatility of 0.3645 IQD. From a start-to-finish perspective, comparing the January average rate of 1.6191 to the December average rate of 1.6444, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9056 was up 14.90% compared to the 2019 peak of 1.6585, 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 9,528 IQD
2019 Average 8,114 IQD
Yearly Trough Low 7,706 IQD
Transaction Impact: A difference of 1,822.50 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6520
1.5602
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 1.6183, compared to 1.6001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 1.6183
H2 Avg (Jul–Dec) 1.6001

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.3645 IQD (High: 1.9056 / Low: 1.5411). On the other end, January was the most stable month, with a tight range of 0.0100 IQD (High: 1.6236 / Low: 1.6136).

December Spread (Volatile) ±0.3645
January Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0170 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.6444) against the same month in 2019 (average: 1.6239), the exchange rate shifted by +0.0205 (+1.26%).

2020 Avg (December) 1.6444
2019 Avg (December) 1.6239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6236 1.6136 1.6191
February 1.6302 1.6136 1.6224
March 1.6252 1.6123 1.6181
April 1.6257 1.6142 1.6183
May 1.6258 1.6125 1.6170
June 1.6224 1.6081 1.6151
July 1.6245 1.6031 1.6171
August 1.6141 1.5919 1.6002
September 1.6000 1.5838 1.5900
October 1.5887 1.5720 1.5810
November 1.5818 1.5556 1.5678
December 1.9056 1.5411 1.6444