YEARLY HIGH
2.3268 IQD
YEARLY LOW
2.2794 IQD
YEARLY AVERAGE
2.3128 IQD

2019 SYP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SYP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.3268. Conversely, the yearly low was recorded on August 25, dropping to 2.2794.

This high-to-low spread represents a total annual volatility of 0.0474 IQD. From a start-to-finish perspective, comparing the January average rate of 2.3134 to the December average rate of 2.3135, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3268 was down 0.11% compared to the 2018 peak of 2.3294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,634 IQD
2018 Average 11,553 IQD
Yearly Trough Low 11,397 IQD
Transaction Impact: A difference of 236.80 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3149
2.3087
JanuMarcMayJulySeptNove

SYP 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 2.3133, compared to 2.3124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 2.3133
H2 Avg (Jul–Dec) 2.3124

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0417 IQD (High: 2.3212 / Low: 2.2794). On the other end, February was the most stable month, with a tight range of 0.0079 IQD (High: 2.3186 / Low: 2.3106).

August Spread (Volatile) ±0.0417
February Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.3144) against the same month in 2018 (average: 2.3129), the exchange rate shifted by +0.0015 (+0.06%).

2019 Avg (October) 2.3144
2018 Avg (October) 2.3129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3254 2.3052 2.3134
February 2.3186 2.3106 2.3140
March 2.3212 2.3105 2.3126
April 2.3244 2.3103 2.3138
May 2.3220 2.3103 2.3133
June 2.3225 2.3053 2.3125
July 2.3197 2.2987 2.3092
August 2.3212 2.2794 2.3118
September 2.3239 2.2918 2.3119
October 2.3268 2.3080 2.3144
November 2.3187 2.3105 2.3136
December 2.3179 2.3084 2.3135