YEARLY HIGH
0.6785 IQD
YEARLY LOW
0.6526 IQD
YEARLY AVERAGE
0.6694 IQD

2018 BIF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6785. Conversely, the yearly low was recorded on December 20, dropping to 0.6526.

This high-to-low spread represents a total annual volatility of 0.0259 IQD. From a start-to-finish perspective, comparing the January average rate of 0.6740 to the December average rate of 0.6592, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6785 was down 4.31% compared to the 2017 peak of 0.7090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,392 IQD
2017 Average 3,405 IQD
Yearly Trough Low 3,263 IQD
Transaction Impact: A difference of 129.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6755
0.6577
JanuMarcMayJulySeptNove

BIF 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 0.6721, compared to 0.6668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.6721
H2 Avg (Jul–Dec) 0.6668

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0165 IQD (High: 0.6721 / Low: 0.6556). On the other end, September was the most stable month, with a tight range of 0.0075 IQD (High: 0.6740 / Low: 0.6666).

October Spread (Volatile) ±0.0165
September Spread (Stable) ±0.0075

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 September and October, when the average rate fell by 0.0065 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.6740) against the same month in 2017 (average: 0.7028), the exchange rate shifted by -0.0288 (-4.10%).

2018 Avg (January) 0.6740
2017 Avg (January) 0.7028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6785 0.6680 0.6740
February 0.6780 0.6664 0.6719
March 0.6778 0.6642 0.6721
April 0.6774 0.6663 0.6712
May 0.6780 0.6637 0.6720
June 0.6779 0.6653 0.6711
July 0.6769 0.6639 0.6723
August 0.6744 0.6663 0.6711
September 0.6740 0.6666 0.6715
October 0.6721 0.6556 0.6650
November 0.6695 0.6553 0.6618
December 0.6688 0.6526 0.6592