YEARLY HIGH
100.0906 IQD
YEARLY LOW
62.4866 IQD
YEARLY AVERAGE
73.2656 IQD

2020 SZL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 100.0906. Conversely, the yearly low was recorded on April 23, dropping to 62.4866.

This high-to-low spread represents a total annual volatility of 37.6040 IQD. From a start-to-finish perspective, comparing the January average rate of 83.0449 to the December average rate of 84.7592, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 100.0906 was up 11.49% compared to the 2019 peak of 89.7756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 500,453 IQD
2019 Average 412,736 IQD
Yearly Trough Low 312,433 IQD
Transaction Impact: A difference of 188,020.05 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

86.8148
62.1467
JanuMarcMayJulySeptNove

SZL 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 72.2706, compared to 74.2606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9900 points.

H1 Avg (Jan–Jun) 72.2706
H2 Avg (Jul–Dec) 74.2606

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 22.3170 IQD (High: 100.0906 / Low: 77.7736). On the other end, October was the most stable month, with a tight range of 2.5463 IQD (High: 73.9421 / Low: 71.3958).

December Spread (Volatile) ±22.3170
October Spread (Stable) ±2.5463

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 February and March, when the average rate fell by 7.7280 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.7280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 84.7592) against the same month in 2019 (average: 82.6606), the exchange rate shifted by +2.0986 (+2.54%).

2020 Avg (December) 84.7592
2019 Avg (December) 82.6606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 85.0258 80.5415 83.0449
February 80.9958 77.8211 79.5149
March 77.8691 66.6171 71.7869
April 66.6340 62.4866 64.2024
May 68.5112 63.7486 65.5164
June 71.8528 68.3020 69.5583
July 72.4472 69.1208 71.1157
August 71.4746 67.2912 69.3842
September 73.7567 69.4688 71.2061
October 73.9421 71.3958 72.3834
November 78.5038 73.0061 76.7151
December 100.0906 77.7736 84.7592