YEARLY HIGH
90.2825 IQD
YEARLY LOW
76.4286 IQD
YEARLY AVERAGE
82.5457 IQD

2019 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 90.2825. Conversely, the yearly low was recorded on August 25, dropping to 76.4286.

This high-to-low spread represents a total annual volatility of 13.8539 IQD. From a start-to-finish perspective, comparing the January average rate of 86.1496 to the December average rate of 82.8088, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 90.2825 was down 12.65% compared to the 2018 peak of 103.3550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,514,125 IQD
2018 Average 4,520,628 IQD
Yearly Trough Low 3,821,428 IQD
Transaction Impact: A difference of 692,697.06 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

87.1216
77.6980
JanuMarcMayJulySeptNove

ZAR 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 83.9910, compared to 81.1003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8907 points.

H1 Avg (Jan–Jun) 83.9910
H2 Avg (Jul–Dec) 81.1003

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 8.5640 IQD (High: 90.2825 / Low: 81.7185). On the other end, November was the most stable month, with a tight range of 2.1529 IQD (High: 81.3298 / Low: 79.1769).

January Spread (Volatile) ±8.5640
November Spread (Stable) ±2.1529

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.2164 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.2164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 86.1496) against the same month in 2018 (average: 97.5088), the exchange rate shifted by -11.3592 (-11.65%).

2019 Avg (January) 86.1496
2018 Avg (January) 97.5088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.2825 81.7185 86.1496
February 89.4497 84.2909 86.3363
March 84.0051 81.5660 82.7526
April 85.7809 82.4674 84.2565
May 84.0134 80.6554 82.6830
June 84.6804 79.3567 81.7682
July 85.9431 83.0897 84.6998
August 81.3789 76.4286 78.4833
September 81.6779 78.2169 80.0890
October 81.6981 77.5625 79.9937
November 81.3298 79.1769 80.5274
December 85.0857 80.6330 82.8088