YEARLY HIGH
540.1180 IQD
YEARLY LOW
505.6912 IQD
YEARLY AVERAGE
520.1424 IQD

2019 TOP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 540.1180. Conversely, the yearly low was recorded on August 25, dropping to 505.6912.

This high-to-low spread represents a total annual volatility of 34.4268 IQD. From a start-to-finish perspective, comparing the January average rate of 525.4563 to the December average rate of 518.0647, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 540.1180 was down 0.08% compared to the 2018 peak of 540.5369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,700,590 IQD
2018 Average 2,618,376 IQD
Yearly Trough Low 2,528,456 IQD
Transaction Impact: A difference of 172,134.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

529.4074
510.8200
JanuMarcMayJulySeptNove

TOP 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 524.2434, compared to 516.0415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2019 points.

H1 Avg (Jan–Jun) 524.2434
H2 Avg (Jul–Dec) 516.0415

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 20.6222 IQD (High: 540.1180 / Low: 519.4958). On the other end, March was the most stable month, with a tight range of 4.4428 IQD (High: 528.6788 / Low: 524.2360).

April Spread (Volatile) ±20.6222
March Spread (Stable) ±4.4428

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 7.8117 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.8117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 525.2022) against the same month in 2018 (average: 534.8239), the exchange rate shifted by -9.6217 (-1.80%).

2019 Avg (April) 525.2022
2018 Avg (April) 534.8239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 532.5021 519.0805 525.4563
February 531.0308 524.4335 527.8585
March 528.6788 524.2360 526.4140
April 540.1180 519.4958 525.2022
May 523.6630 517.5151 520.0613
June 523.7312 517.0532 520.4678
July 526.3928 519.8678 522.8444
August 517.7607 505.6912 515.0327
September 519.2358 509.4430 513.6878
October 515.2797 509.5428 512.3690
November 520.0711 512.6749 514.2503
December 522.5544 512.6815 518.0647