YEARLY HIGH
2.8504 IQD
YEARLY LOW
2.2963 IQD
YEARLY AVERAGE
2.3330 IQD

2020 SYP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 2.8504. Conversely, the yearly low was recorded on March 29, dropping to 2.2963.

This high-to-low spread represents a total annual volatility of 0.5540 IQD. From a start-to-finish perspective, comparing the January average rate of 2.3148 to the December average rate of 2.4596, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8504 was up 22.50% compared to the 2019 peak of 2.3268, 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 14,252 IQD
2019 Average 11,564 IQD
Yearly Trough Low 11,482 IQD
Transaction Impact: A difference of 2,770.02 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4742
2.2991
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 2.3169, compared to 2.3490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 2.3169
H2 Avg (Jul–Dec) 2.3490

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.5298 IQD (High: 2.8504 / Low: 2.3205). On the other end, February was the most stable month, with a tight range of 0.0076 IQD (High: 2.3179 / Low: 2.3103).

December Spread (Volatile) ±0.5298
February Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.4596) against the same month in 2019 (average: 2.3135), the exchange rate shifted by +0.1461 (+6.32%).

2020 Avg (December) 2.4596
2019 Avg (December) 2.3135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3298 2.3104 2.3148
February 2.3179 2.3103 2.3137
March 2.3328 2.2963 2.3140
April 2.3250 2.3146 2.3195
May 2.3272 2.3123 2.3192
June 2.3259 2.3154 2.3204
July 2.3303 2.3187 2.3238
August 2.3392 2.3238 2.3312
September 2.3354 2.3235 2.3301
October 2.3362 2.3203 2.3261
November 2.3301 2.3198 2.3235
December 2.8504 2.3205 2.4596