YEARLY HIGH
48.8383 IQD
YEARLY LOW
36.0490 IQD
YEARLY AVERAGE
38.3068 IQD

2020 THB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the THB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 48.8383. Conversely, the yearly low was recorded on April 1, dropping to 36.0490.

This high-to-low spread represents a total annual volatility of 12.7893 IQD. From a start-to-finish perspective, comparing the January average rate of 39.1877 to the December average rate of 41.9617, the exchange rate registered a net change of 7.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 48.8383 was up 21.65% compared to the 2019 peak of 40.1459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 12,209,571 IQD
2019 Average 9,599,891 IQD
Yearly Trough Low 9,012,242 IQD
Transaction Impact: A difference of 3,197,329.07 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

42.5087
35.9455
JanuMarcMayJulySeptNove

THB 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 37.7088, compared to 38.9048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1960 points.

H1 Avg (Jan–Jun) 37.7088
H2 Avg (Jul–Dec) 38.9048

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 9.4432 IQD (High: 48.8383 / Low: 39.3951). On the other end, August was the most stable month, with a tight range of 0.5916 IQD (High: 38.4604 / Low: 37.8688).

December Spread (Volatile) ±9.4432
August Spread (Stable) ±0.5916

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 1.1636 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1636

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 41.9617) against the same month in 2019 (average: 39.4436), the exchange rate shifted by +2.5181 (+6.38%).

2020 Avg (December) 41.9617
2019 Avg (December) 39.4436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.9061 38.1302 39.1877
February 38.4822 37.4209 38.0241
March 38.1168 36.2711 37.1685
April 36.8299 36.0490 36.4925
May 37.4504 36.4759 37.1264
June 38.6226 37.6421 38.2537
July 38.4338 37.4969 37.9394
August 38.4604 37.8688 38.2211
September 38.3719 37.6386 38.0102
October 38.4051 37.6782 38.1360
November 39.5090 38.1404 39.1605
December 48.8383 39.3951 41.9617