2020 RON to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 RON to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the RON to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 369.1575. Conversely, the yearly low was recorded on March 19, dropping to 262.1149.
This high-to-low spread represents a total annual volatility of 107.0426 IQD. From a start-to-finish perspective, comparing the January average rate of 276.9873 to the December average rate of 315.3134, the exchange rate registered a net change of 13.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 369.1575 was up 25.08% compared to the 2019 peak of 295.1422, 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 2020.
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 272.5125, compared to 292.6834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.1709 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 73.5919 IQD (High: 369.1575 / Low: 295.5656). On the other end, August was the most stable month, with a tight range of 4.7720 IQD (High: 294.2923 / Low: 289.5203).
Growth Streaks & Declines
TrendsBetween 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 5.0829 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 315.3134) against the same month in 2019 (average: 277.0463), the exchange rate shifted by +38.2671 (+13.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 281.3593 | 274.4465 | 276.9873 |
| February | 276.5768 | 268.2577 | 272.0416 |
| March | 281.4554 | 262.1149 | 272.7415 |
| April | 270.6331 | 265.2931 | 267.6585 |
| May | 273.4370 | 265.7685 | 268.6219 |
| June | 279.9934 | 273.1201 | 277.0242 |
| July | 292.8742 | 276.6798 | 282.2971 |
| August | 294.2923 | 289.5203 | 291.8583 |
| September | 293.9156 | 284.1541 | 289.0501 |
| October | 290.0563 | 285.0573 | 287.7584 |
| November | 292.3458 | 284.8716 | 289.8231 |
| December | 369.1575 | 295.5656 | 315.3134 |