YEARLY HIGH
759.8568 IQD
YEARLY LOW
684.6473 IQD
YEARLY AVERAGE
718.7441 IQD

2018 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 759.8568. Conversely, the yearly low was recorded on November 12, dropping to 684.6473.

This high-to-low spread represents a total annual volatility of 75.2096 IQD. From a start-to-finish perspective, comparing the January average rate of 741.2972 to the December average rate of 693.0061, the exchange rate registered a net change of -6.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 759.8568 was up 4.02% compared to the 2017 peak of 730.4627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,799,284 IQD
2017 Average 3,389,092 IQD
Yearly Trough Low 3,423,236 IQD
Transaction Impact: A difference of 376,047.93 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

754.5569
686.2697
JanuMarcMayJulySeptNove

BGN 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 735.8937, compared to 701.5945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.2992 points.

H1 Avg (Jan–Jun) 735.8937
H2 Avg (Jul–Dec) 701.5945

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 28.2961 IQD (High: 731.5914 / Low: 703.2954). On the other end, July was the most stable month, with a tight range of 7.4269 IQD (High: 715.2710 / Low: 707.8441).

May Spread (Volatile) ±28.2961
July Spread (Stable) ±7.4269

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 26.4696 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -26.4696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 748.8663) against the same month in 2017 (average: 642.8782), the exchange rate shifted by +105.9881 (+16.49%).

2018 Avg (February) 748.8663
2017 Avg (February) 642.8782

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 755.3741 727.5944 741.2972
February 759.8568 737.5197 748.8663
March 755.8636 740.9772 748.4326
April 754.2335 735.0127 746.3412
May 731.5914 703.2954 719.8716
June 718.8499 703.8749 710.5535
July 715.2710 707.8441 711.8028
August 715.0194 691.4444 702.8791
September 717.6446 705.6559 710.3011
October 706.5422 690.6345 699.6177
November 697.0682 684.6473 691.9603
December 697.3787 688.3657 693.0061