2020 NOK to IQD Historical Review

YEARLY HIGH

171.1979 IQD

YEARLY LOW

100.8771 IQD

YEARLY AVERAGE

127.6443 IQD

2020 NOK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 171.1979. Conversely, the yearly low was recorded on March 21, dropping to 100.8771.

This high-to-low spread represents a total annual volatility of 70.3208 IQD. From a start-to-finish perspective, comparing the January average rate of 133.3056 to the December average rate of 145.0266, the exchange rate registered a net change of 8.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 171.1979 was up 20.54% compared to the 2019 peak of 142.0243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 855,989 IQD

2019 Average 677,382 IQD

Yearly Trough Low 504,386 IQD

Transaction Impact: A difference of 351,603.82 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

148.0982

111.2397

JanuMarcMayJulySeptNove

NOK 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 122.5521, compared to 132.7364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1844 points.

H1 Avg (Jan–Jun) 122.5521

H2 Avg (Jul–Dec) 132.7364

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 36.2779 IQD (High: 171.1979 / Low: 134.9200). On the other end, February was the most stable month, with a tight range of 2.8597 IQD (High: 129.5026 / Low: 126.6429).

December Spread (Volatile) ±36.2779

February Spread (Stable) ±2.8597

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 February and March, when the average rate fell by 11.7042 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -11.7042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 145.0266) against the same month in 2019 (average: 132.1570), the exchange rate shifted by +12.8696 (+9.74%).

2020 Avg (December) 145.0266

2019 Avg (December) 132.1570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	136.7487	129.2663	133.3056
February	129.5026	126.6429	128.2763
March	128.6276	100.8771	116.5721
April	116.6842	110.2904	114.3112
May	122.4532	113.8084	118.0118
June	128.7466	122.3964	124.8353
July	132.0464	125.1348	128.1843
August	136.6467	130.5434	133.3676
September	136.3566	124.3827	130.3192
October	130.6714	125.0668	128.2369
November	135.1347	124.3007	131.2840
December	171.1979	134.9200	145.0266