2020 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 416.3236. Conversely, the yearly low was recorded on November 16, dropping to 335.3582.
This high-to-low spread represents a total annual volatility of 80.9655 IQD. From a start-to-finish perspective, comparing the January average rate of 350.3094 to the December average rate of 358.7491, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 416.3236 was down 1.74% compared to the 2019 peak of 423.6932, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 346.9384, compared to 343.6516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2868 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 78.8325 IQD (High: 416.3236 / Low: 337.4911). On the other end, June was the most stable month, with a tight range of 4.3394 IQD (High: 345.8818 / Low: 341.5424).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.4657 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 358.7491) against the same month in 2019 (average: 349.5485), the exchange rate shifted by +9.2006 (+2.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 353.2253 | 345.8449 | 350.3094 |
| February | 357.8257 | 345.7981 | 350.2073 |
| March | 350.2256 | 344.3046 | 347.5300 |
| April | 348.6091 | 341.7060 | 345.6341 |
| May | 346.9388 | 339.1738 | 343.5917 |
| June | 345.8818 | 341.5424 | 344.3581 |
| July | 347.8451 | 338.7568 | 343.4157 |
| August | 343.8269 | 337.7126 | 339.9500 |
| September | 346.4338 | 336.8970 | 341.2281 |
| October | 341.2809 | 336.8988 | 339.8547 |
| November | 339.8962 | 335.3582 | 338.7121 |
| December | 416.3236 | 337.4911 | 358.7491 |