YEARLY HIGH
203.6008 IQD
YEARLY LOW
139.6481 IQD
YEARLY AVERAGE
172.1043 IQD

2020 TRY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 203.6008. Conversely, the yearly low was recorded on November 7, dropping to 139.6481.

This high-to-low spread represents a total annual volatility of 63.9528 IQD. From a start-to-finish perspective, comparing the January average rate of 201.1977 to the December average rate of 164.0827, the exchange rate registered a net change of -18.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 203.6008 was down 11.92% compared to the 2019 peak of 231.1554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 10,180,042 IQD
2019 Average 10,496,456 IQD
Yearly Trough Low 6,982,405 IQD
Transaction Impact: A difference of 3,197,637.70 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

206.3356
144.6813
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 184.3358, compared to 159.8728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.4630 points.

H1 Avg (Jan–Jun) 184.3358
H2 Avg (Jul–Dec) 159.8728

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 46.8295 IQD (High: 197.9673 / Low: 151.1378). On the other end, July was the most stable month, with a tight range of 3.8615 IQD (High: 174.5320 / Low: 170.6705).

December Spread (Volatile) ±46.8295
July Spread (Stable) ±3.8615

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 13.9137 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.9137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 201.1977) against the same month in 2019 (average: 222.3515), the exchange rate shifted by -21.1538 (-9.51%).

2020 Avg (January) 201.1977
2019 Avg (January) 222.3515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 203.6008 198.9301 201.1977
February 199.4606 190.6226 196.4455
March 195.7012 179.8063 187.8114
April 180.1818 170.2266 173.8976
May 176.6983 165.2416 171.9596
June 177.8901 173.5503 174.7031
July 174.5320 170.6705 173.4541
August 172.0634 161.2117 163.9731
September 161.8974 152.4123 157.9330
October 153.6515 142.5696 149.9748
November 158.0637 139.6481 149.8191
December 197.9673 151.1378 164.0827