2019 RON to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |