YEARLY HIGH
2.7397 IQD
YEARLY LOW
1.9371 IQD
YEARLY AVERAGE
2.0849 IQD

2020 XAF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.7397. Conversely, the yearly low was recorded on March 19, dropping to 1.9371.

This high-to-low spread represents a total annual volatility of 0.8026 IQD. From a start-to-finish perspective, comparing the January average rate of 2.0178 to the December average rate of 2.3415, the exchange rate registered a net change of 16.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7397 was up 30.31% compared to the 2019 peak of 2.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,698 IQD
2019 Average 10,169 IQD
Yearly Trough Low 9,685 IQD
Transaction Impact: A difference of 4,012.98 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3783
1.9364
JanuMarcMayJulySeptNove

XAF 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 2.0020, compared to 2.1678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1658 points.

H1 Avg (Jan–Jun) 2.0020
H2 Avg (Jul–Dec) 2.1678

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.5453 IQD (High: 2.7397 / Low: 2.1943). On the other end, April was the most stable month, with a tight range of 0.0345 IQD (High: 1.9926 / Low: 1.9581).

December Spread (Volatile) ±0.5453
April Spread (Stable) ±0.0345

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0378 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.3415) against the same month in 2019 (average: 2.0183), the exchange rate shifted by +0.3232 (+16.01%).

2020 Avg (December) 2.3415
2019 Avg (December) 2.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0523 1.9997 2.0178
February 2.0131 1.9611 1.9831
March 2.0707 1.9371 2.0111
April 1.9926 1.9581 1.9732
May 2.0199 1.9586 1.9835
June 2.0621 2.0218 2.0434
July 2.1577 2.0400 2.0821
August 2.1706 2.1331 2.1518
September 2.1689 2.1100 2.1417
October 2.1541 2.1181 2.1380
November 2.1760 2.1120 2.1519
December 2.7397 2.1943 2.3415