2019 PEN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PEN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PEN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 363.4497. Conversely, the yearly low was recorded on November 29, dropping to 349.8457.
This high-to-low spread represents a total annual volatility of 13.6040 IQD. From a start-to-finish perspective, comparing the January average rate of 356.4046 to the December average rate of 355.4715, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 363.4497 was down 2.39% compared to the 2018 peak of 372.3670, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
PEN to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 358.6490, compared to 355.5573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0917 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 10.1543 IQD (High: 362.5016 / Low: 352.3473). On the other end, July was the most stable month, with a tight range of 2.9801 IQD (High: 363.4497 / Low: 360.4695).
Growth Streaks & Declines
TrendsBetween January and April, 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 9.2076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 361.8798) against the same month in 2018 (average: 363.5357), the exchange rate shifted by -1.6559 (-0.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 359.8040 | 352.9460 | 356.4046 |
| February | 360.7636 | 356.8539 | 358.7467 |
| March | 362.1069 | 358.4283 | 360.3171 |
| April | 363.3610 | 357.5824 | 360.7284 |
| May | 360.4011 | 352.9063 | 357.7556 |
| June | 362.5016 | 352.3473 | 357.9416 |
| July | 363.4497 | 360.4695 | 361.8798 |
| August | 358.9106 | 350.3607 | 352.6722 |
| September | 359.1797 | 349.9579 | 354.8734 |
| October | 357.0710 | 351.0647 | 354.7248 |
| November | 357.2433 | 349.8457 | 353.7218 |
| December | 359.7088 | 350.8255 | 355.4715 |