2020 TND to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TND to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 544.9324. Conversely, the yearly low was recorded on March 19, dropping to 405.2738.
This high-to-low spread represents a total annual volatility of 139.6586 IQD. From a start-to-finish perspective, comparing the January average rate of 423.8272 to the December average rate of 467.0478, the exchange rate registered a net change of 10.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 544.9324 was up 26.85% compared to the 2019 peak of 429.5955, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TND to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 416.5935, compared to 437.6153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.0218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 107.6535 IQD (High: 544.9324 / Low: 437.2789). On the other end, June was the most stable month, with a tight range of 5.9226 IQD (High: 421.4254 / Low: 415.5028).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 5.7242 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 467.0478) against the same month in 2019 (average: 419.8566), the exchange rate shifted by +47.1912 (+11.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 432.4098 | 420.1236 | 423.8272 |
| February | 423.2801 | 416.0839 | 419.1493 |
| March | 426.2032 | 405.2738 | 416.6965 |
| April | 416.6407 | 407.5310 | 410.9723 |
| May | 414.8091 | 408.3226 | 410.9235 |
| June | 421.4254 | 415.5028 | 417.9925 |
| July | 434.0162 | 416.2537 | 423.2584 |
| August | 439.5682 | 425.4065 | 436.0792 |
| September | 437.8375 | 427.9036 | 433.1130 |
| October | 435.0060 | 428.8288 | 432.4287 |
| November | 436.2914 | 428.8288 | 433.7650 |
| December | 544.9324 | 437.2789 | 467.0478 |