YEARLY HIGH
397.2210 IQD
YEARLY LOW
278.0020 IQD
YEARLY AVERAGE
307.8101 IQD

2020 PLN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PLN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 397.2210. Conversely, the yearly low was recorded on March 19, dropping to 278.0020.

This high-to-low spread represents a total annual volatility of 119.2190 IQD. From a start-to-finish perspective, comparing the January average rate of 311.5869 to the December average rate of 342.8753, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 397.2210 was up 23.50% compared to the 2019 peak of 321.6311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 7,944,419 IQD
2019 Average 6,208,396 IQD
Yearly Trough Low 5,560,039 IQD
Transaction Impact: A difference of 2,384,379.67 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

348.6894
278.9198
JanuMarcMayJulySeptNove

PLN 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 297.6963, compared to 317.9238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.2275 points.

H1 Avg (Jan–Jun) 297.6963
H2 Avg (Jul–Dec) 317.9238

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 75.0726 IQD (High: 397.2210 / Low: 322.1484). On the other end, August was the most stable month, with a tight range of 7.4544 IQD (High: 324.9529 / Low: 317.4984).

December Spread (Volatile) ±75.0726
August Spread (Stable) ±7.4544

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 12.6819 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -12.6819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 342.8753) against the same month in 2019 (average: 309.9341), the exchange rate shifted by +32.9412 (+10.63%).

2020 Avg (December) 342.8753
2019 Avg (December) 309.9341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 316.3432 306.4191 311.5869
February 308.9649 300.3974 303.9395
March 314.6181 278.0020 297.4158
April 289.1285 280.4086 284.7340
May 298.2383 281.7710 286.9494
June 305.5289 297.9805 301.5522
July 320.9905 299.8668 306.9777
August 324.9529 317.4984 320.5815
September 324.1889 302.8641 313.9382
October 316.4419 300.7973 309.1315
November 318.1645 300.3377 314.0389
December 397.2210 322.1484 342.8753