YEARLY HIGH
889.6884 IQD
YEARLY LOW
843.8313 IQD
YEARLY AVERAGE
873.3999 IQD

2019 SGD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 889.6884. Conversely, the yearly low was recorded on August 25, dropping to 843.8313.

This high-to-low spread represents a total annual volatility of 45.8571 IQD. From a start-to-finish perspective, comparing the January average rate of 878.4970 to the December average rate of 878.3159, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 889.6884 was down 2.16% compared to the 2018 peak of 909.3419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,448,442 IQD
2018 Average 4,411,066 IQD
Yearly Trough Low 4,219,157 IQD
Transaction Impact: A difference of 229,285.41 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

882.3356
857.9246
JanuMarcMayJulySeptNove

SGD 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 876.7324, compared to 870.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.6650 points.

H1 Avg (Jan–Jun) 876.7324
H2 Avg (Jul–Dec) 870.0674

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 20.4917 IQD (High: 864.3231 / Low: 843.8313). On the other end, February was the most stable month, with a tight range of 8.5010 IQD (High: 884.9194 / Low: 876.4184).

August Spread (Volatile) ±20.4917
February Spread (Stable) ±8.5010

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 14.9149 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -14.9149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 878.4970) against the same month in 2018 (average: 899.1639), the exchange rate shifted by -20.6668 (-2.30%).

2019 Avg (January) 878.4970
2018 Avg (January) 899.1639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 889.6884 871.7196 878.4970
February 884.9194 876.4184 880.3013
March 885.4842 875.5781 879.4822
April 884.9000 873.6503 878.7326
May 875.2857 861.7974 869.2312
June 881.9953 864.5713 874.1498
July 882.4923 867.1133 874.8738
August 864.3231 843.8313 859.9589
September 867.6909 855.8288 863.1078
October 874.7106 858.7847 869.1609
November 878.7852 870.0548 874.9870
December 884.6141 870.7168 878.3159