YEARLY HIGH
63.8224 IQD
YEARLY LOW
58.6190 IQD
YEARLY AVERAGE
61.9042 IQD

2019 MXN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 63.8224. Conversely, the yearly low was recorded on August 25, dropping to 58.6190.

This high-to-low spread represents a total annual volatility of 5.2033 IQD. From a start-to-finish perspective, comparing the January average rate of 62.1374 to the December average rate of 62.4157, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 63.8224 was down 3.29% compared to the 2018 peak of 65.9919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,191,118 IQD
2018 Average 3,098,725 IQD
Yearly Trough Low 2,930,952 IQD
Transaction Impact: A difference of 260,166.54 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

63.1678
60.2662
JanuMarcMayJulySeptNove

MXN 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 62.1860, compared to 61.6224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5636 points.

H1 Avg (Jan–Jun) 62.1860
H2 Avg (Jul–Dec) 61.6224

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.2672 IQD (High: 61.8862 / Low: 58.6190). On the other end, July was the most stable month, with a tight range of 0.9985 IQD (High: 62.9435 / Low: 61.9449).

August Spread (Volatile) ±3.2672
July Spread (Stable) ±0.9985

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.0338 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 62.9260) against the same month in 2018 (average: 64.7441), the exchange rate shifted by -1.8182 (-2.81%).

2019 Avg (April) 62.9260
2018 Avg (April) 64.7441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 63.1079 60.6279 62.1374
February 62.5614 61.3802 62.1370
March 63.3370 60.9102 61.8563
April 63.8224 61.9105 62.9260
May 62.8998 60.6654 62.3272
June 62.7154 60.0804 61.7323
July 62.9435 61.9449 62.5417
August 61.8862 58.6190 60.5080
September 61.5443 59.2530 60.8189
October 62.5706 60.0259 61.6891
November 62.3736 60.9071 61.7612
December 63.3069 60.7816 62.4157