YEARLY HIGH
295.1422 IQD
YEARLY LOW
273.1666 IQD
YEARLY AVERAGE
281.0680 IQD

2019 RON to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 295.1422. Conversely, the yearly low was recorded on November 27, dropping to 273.1666.

This high-to-low spread represents a total annual volatility of 21.9756 IQD. From a start-to-finish perspective, comparing the January average rate of 289.1337 to the December average rate of 277.0463, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 295.1422 was down 7.65% compared to the 2018 peak of 319.5928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,475,711 IQD
2018 Average 1,509,849 IQD
Yearly Trough Low 1,365,833 IQD
Transaction Impact: A difference of 109,878.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

290.4415
274.7480
JanuMarcMayJulySeptNove

RON 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 283.8367, compared to 278.2993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5374 points.

H1 Avg (Jan–Jun) 283.8367
H2 Avg (Jul–Dec) 278.2993

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 12.3522 IQD (High: 295.1422 / Low: 282.7900). On the other end, May was the most stable month, with a tight range of 2.8700 IQD (High: 281.3300 / Low: 278.4600).

January Spread (Volatile) ±12.3522
May Spread (Stable) ±2.8700

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.3860 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.3860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 289.1337) against the same month in 2018 (average: 311.7061), the exchange rate shifted by -22.5724 (-7.24%).

2019 Avg (January) 289.1337
2018 Avg (January) 311.7061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 295.1422 282.7900 289.1337
February 287.6124 283.1015 284.7477
March 286.3676 279.6442 282.9304
April 284.2851 278.8241 281.3785
May 281.3300 278.4600 280.1600
June 287.6984 279.0725 284.6700
July 285.5136 278.9600 282.5723
August 283.3751 276.7313 280.3688
September 278.9256 273.6578 276.6435
October 279.3821 274.0477 277.1089
November 279.5505 273.1666 276.0558
December 279.5282 274.4759 277.0463