YEARLY HIGH
827.9996 IQD
YEARLY LOW
742.7253 IQD
YEARLY AVERAGE
785.3703 IQD

2019 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 827.9996. Conversely, the yearly low was recorded on October 1, dropping to 742.7253.

This high-to-low spread represents a total annual volatility of 85.2743 IQD. From a start-to-finish perspective, comparing the January average rate of 807.8839 to the December average rate of 786.4361, the exchange rate registered a net change of -2.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 827.9996 was down 5.81% compared to the 2018 peak of 879.0599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,139,998 IQD
2018 Average 4,118,296 IQD
Yearly Trough Low 3,713,627 IQD
Transaction Impact: A difference of 426,371.61 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

820.3724
748.9155
JanuMarcMayJulySeptNove

NZD 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 800.7157, compared to 770.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.6907 points.

H1 Avg (Jan–Jun) 800.7157
H2 Avg (Jul–Dec) 770.0250

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 37.4180 IQD (High: 827.9996 / Low: 790.5817). On the other end, November was the most stable month, with a tight range of 13.8662 IQD (High: 766.8425 / Low: 752.9763).

January Spread (Volatile) ±37.4180
November Spread (Stable) ±13.8662

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 28.9768 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -28.9768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 807.8839) against the same month in 2018 (average: 862.0446), the exchange rate shifted by -54.1606 (-6.28%).

2019 Avg (January) 807.8839
2018 Avg (January) 862.0446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 827.9996 790.5817 807.8839
February 822.4710 802.7337 814.4176
March 824.3534 805.5912 813.9322
April 809.3396 786.0865 799.8981
May 790.7502 774.1857 781.9860
June 801.3914 772.4263 786.1761
July 807.7436 780.7979 795.3126
August 781.4824 746.4377 766.3358
September 765.6121 744.6809 754.8702
October 764.4049 742.7253 755.1525
November 766.8425 752.9763 762.0428
December 803.1333 766.1438 786.4361