2020 TRY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |