2020 MXN to IQD Historical Review

YEARLY HIGH

73.5500 IQD

YEARLY LOW

47.0035 IQD

YEARLY AVERAGE

56.1389 IQD

2020 MXN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 73.5500. Conversely, the yearly low was recorded on March 23, dropping to 47.0035.

This high-to-low spread represents a total annual volatility of 26.5465 IQD. From a start-to-finish perspective, comparing the January average rate of 63.3962 to the December average rate of 63.2407, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 73.5500 was up 15.24% compared to the 2019 peak of 63.8224, 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 3,677,500 IQD

2019 Average 3,095,168 IQD

Yearly Trough Low 2,350,176 IQD

Transaction Impact: A difference of 1,327,323.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

64.8151

47.7875

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 55.6138, compared to 56.6640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0503 points.

H1 Avg (Jan–Jun) 55.6138

H2 Avg (Jul–Dec) 56.6640

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 14.6108 IQD (High: 73.5500 / Low: 58.9392). On the other end, January was the most stable month, with a tight range of 1.2580 IQD (High: 63.9773 / Low: 62.7193).

December Spread (Volatile) ±14.6108

January Spread (Stable) ±1.2580

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 9.5478 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -9.5478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 63.2407) against the same month in 2019 (average: 62.4157), the exchange rate shifted by +0.8250 (+1.32%).

2020 Avg (December) 63.2407

2019 Avg (December) 62.4157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	63.9773	62.7193	63.3962
February	64.2883	60.6740	63.2392
March	61.3165	47.0035	53.6914
April	51.0205	47.1818	49.2064
May	53.7274	47.8197	50.8119
June	55.5038	51.6092	53.3376
July	54.3278	52.2740	53.2108
August	54.8877	52.6421	53.8621
September	57.0584	53.2015	55.1273
October	57.0855	54.5526	56.1047
November	59.6896	55.7829	58.4386
December	73.5500	58.9392	63.2407