2019 TRY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TRY to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 231.1554. Conversely, the yearly low was recorded on May 8, dropping to 193.4467.
This high-to-low spread represents a total annual volatility of 37.7087 IQD. From a start-to-finish perspective, comparing the January average rate of 222.3515 to the December average rate of 203.4290, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 231.1554 was down 27.37% compared to the 2018 peak of 318.2501, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TRY 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 212.3478, compared to 207.7024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6453 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 16.2874 IQD (High: 216.0872 / Low: 199.7998). On the other end, November was the most stable month, with a tight range of 3.2133 IQD (High: 209.5277 / Low: 206.3144).
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 10.8118 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 222.3515) against the same month in 2018 (average: 315.1261), the exchange rate shifted by -92.7745 (-29.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 231.1554 | 215.8646 | 222.3515 |
| February | 228.9632 | 222.7238 | 225.9584 |
| March | 222.1415 | 206.4892 | 217.2414 |
| April | 216.0872 | 199.7998 | 206.4296 |
| May | 203.7654 | 193.4467 | 197.3250 |
| June | 207.9867 | 201.6778 | 204.7806 |
| July | 214.0498 | 207.1949 | 210.0776 |
| August | 216.9531 | 201.3407 | 210.9703 |
| September | 211.6247 | 204.1819 | 208.5544 |
| October | 209.8067 | 201.1644 | 205.6112 |
| November | 209.5277 | 206.3144 | 207.5723 |
| December | 207.5885 | 199.9967 | 203.4290 |