YEARLY HIGH
20.5463 IQD
YEARLY LOW
18.1795 IQD
YEARLY AVERAGE
19.0477 IQD

2019 MZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 20.5463. Conversely, the yearly low was recorded on February 19, dropping to 18.1795.

This high-to-low spread represents a total annual volatility of 2.3667 IQD. From a start-to-finish perspective, comparing the January average rate of 19.3341 to the December average rate of 18.8822, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.5463 was down 0.35% compared to the 2018 peak of 20.6193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,731 IQD
2018 Average 98,793 IQD
Yearly Trough Low 90,898 IQD
Transaction Impact: A difference of 11,833.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

19.7040
18.3551
JanuMarcMayJulySeptNove

MZN 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 18.9567, compared to 19.1387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1820 points.

H1 Avg (Jan–Jun) 18.9567
H2 Avg (Jul–Dec) 19.1387

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.2844 IQD (High: 20.5463 / Low: 19.2619). On the other end, April was the most stable month, with a tight range of 0.1977 IQD (High: 18.5764 / Low: 18.3787).

August Spread (Volatile) ±1.2844
April Spread (Stable) ±0.1977

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.4470 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 19.5916) against the same month in 2018 (average: 20.2948), the exchange rate shifted by -0.7032 (-3.46%).

2019 Avg (August) 19.5916
2018 Avg (August) 20.2948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4993 19.1855 19.3341
February 19.2546 18.1795 19.0905
March 19.0592 18.5425 18.9144
April 18.5764 18.3787 18.4675
May 19.1953 18.4469 18.7804
June 19.2762 19.0651 19.1536
July 19.4119 19.0552 19.1816
August 20.5463 19.2619 19.5916
September 19.4449 19.1856 19.2873
October 19.2452 18.9440 19.1173
November 18.9578 18.5647 18.7723
December 19.4131 18.5647 18.8822