YEARLY HIGH
12.5033 IQD
YEARLY LOW
9.6708 IQD
YEARLY AVERAGE
10.1090 IQD

2020 NPR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.5033. Conversely, the yearly low was recorded on April 16, dropping to 9.6708.

This high-to-low spread represents a total annual volatility of 2.8325 IQD. From a start-to-finish perspective, comparing the January average rate of 10.4594 to the December average rate of 10.7098, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.5033 was up 14.70% compared to the 2019 peak of 10.9008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,516 IQD
2019 Average 52,919 IQD
Yearly Trough Low 48,354 IQD
Transaction Impact: A difference of 14,162.28 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.8031
9.6841
JanuMarcMayJulySeptNove

NPR 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 10.0580, compared to 10.1600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1020 points.

H1 Avg (Jan–Jun) 10.0580
H2 Avg (Jul–Dec) 10.1600

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 2.4321 IQD (High: 12.5033 / Low: 10.0712). On the other end, July was the most stable month, with a tight range of 0.1361 IQD (High: 9.9953 / Low: 9.8592).

December Spread (Volatile) ±2.4321
July Spread (Stable) ±0.1361

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10.7098) against the same month in 2019 (average: 10.4624), the exchange rate shifted by +0.2475 (+2.37%).

2020 Avg (December) 10.7098
2019 Avg (December) 10.4624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5441 10.3754 10.4594
February 10.4804 10.3006 10.4217
March 10.3006 9.7617 10.0185
April 9.8927 9.6708 9.7774
May 9.9552 9.7875 9.8415
June 9.9217 9.7687 9.8292
July 9.9953 9.8592 9.9405
August 10.1790 9.9261 10.0021
September 10.2664 10.0863 10.1484
October 10.1938 9.9777 10.1293
November 10.0987 9.9612 10.0299
December 12.5033 10.0712 10.7098