2020 TOP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TOP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 642.6402. Conversely, the yearly low was recorded on March 23, dropping to 496.2313.
This high-to-low spread represents a total annual volatility of 146.4090 IQD. From a start-to-finish perspective, comparing the January average rate of 519.0311 to the December average rate of 552.3728, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 642.6402 was up 18.98% compared to the 2019 peak of 540.1180, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 515.1422, compared to 525.4880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3459 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 122.5731 IQD (High: 642.6402 / Low: 520.0672). On the other end, February was the most stable month, with a tight range of 3.0067 IQD (High: 515.9908 / Low: 512.9841).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 7.1608 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 552.3728) against the same month in 2019 (average: 518.0647), the exchange rate shifted by +34.3081 (+6.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 525.0745 | 513.7011 | 519.0311 |
| February | 515.9908 | 512.9841 | 514.4038 |
| March | 517.3847 | 496.2313 | 507.2429 |
| April | 515.8418 | 504.3254 | 509.9145 |
| May | 520.2052 | 511.7060 | 515.7470 |
| June | 530.0214 | 519.6270 | 524.5136 |
| July | 525.7297 | 520.5399 | 522.7449 |
| August | 527.0711 | 520.7629 | 523.1627 |
| September | 527.8668 | 514.2930 | 521.7719 |
| October | 517.6345 | 511.5639 | 515.0482 |
| November | 521.5390 | 511.5529 | 517.8275 |
| December | 642.6402 | 520.0672 | 552.3728 |