YEARLY HIGH
423.6932 IQD
YEARLY LOW
345.2636 IQD
YEARLY AVERAGE
352.1406 IQD

2019 PGK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 423.6932. Conversely, the yearly low was recorded on August 29, dropping to 345.2636.

This high-to-low spread represents a total annual volatility of 78.4296 IQD. From a start-to-finish perspective, comparing the January average rate of 354.1956 to the December average rate of 349.5485, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 423.6932 was up 13.71% compared to the 2018 peak of 372.5930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,118,466 IQD
2018 Average 1,810,516 IQD
Yearly Trough Low 1,726,318 IQD
Transaction Impact: A difference of 392,147.90 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

354.6603
349.0838
JanuMarcMayJulySeptNove

PGK 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 353.3339, compared to 350.9473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3865 points.

H1 Avg (Jan–Jun) 353.3339
H2 Avg (Jul–Dec) 350.9473

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 78.4100 IQD (High: 423.6932 / Low: 345.2831). On the other end, February was the most stable month, with a tight range of 1.3107 IQD (High: 354.4643 / Low: 353.1536).

November Spread (Volatile) ±78.4100
February Spread (Stable) ±1.3107

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.5644 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.5644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 352.1130) against the same month in 2018 (average: 354.7301), the exchange rate shifted by -2.6171 (-0.74%).

2019 Avg (November) 352.1130
2018 Avg (November) 354.7301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 356.4233 353.2073 354.1956
February 354.4643 353.1536 354.0732
March 353.9612 352.3316 353.0040
April 354.4563 352.0710 353.2132
May 354.1667 352.1168 353.1522
June 353.5695 351.1633 352.3651
July 353.1157 350.5155 351.7562
August 352.5926 345.2636 350.7972
September 352.3316 345.3511 350.5290
October 351.9231 348.1633 350.9403
November 423.6932 345.2831 352.1130
December 351.0324 345.8446 349.5485