2018 BMD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BMD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1198.9186. Conversely, the yearly low was recorded on March 10, dropping to 1183.0000.
This high-to-low spread represents a total annual volatility of 15.9186 IQD. From a start-to-finish perspective, comparing the January average rate of 1188.3828 to the December average rate of 1191.4890, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1198.9186 was up 0.11% compared to the 2017 peak of 1197.6457, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BMD 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 1188.5485, compared to 1191.3987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8502 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 14.7957 IQD (High: 1197.7957 / Low: 1183.0000). On the other end, September was the most stable month, with a tight range of 4.6092 IQD (High: 1194.6092 / Low: 1190.0000).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.4974 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 1191.4890) against the same month in 2017 (average: 1190.3134), the exchange rate shifted by +1.1756 (+0.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1197.7957 | 1183.0000 | 1188.3828 |
| February | 1193.2000 | 1183.0000 | 1185.8855 |
| March | 1196.2707 | 1183.0000 | 1187.0952 |
| April | 1192.4500 | 1187.0000 | 1189.3126 |
| May | 1193.6866 | 1187.5000 | 1190.4516 |
| June | 1197.6707 | 1187.5000 | 1190.1632 |
| July | 1193.8106 | 1185.0426 | 1190.8603 |
| August | 1193.9466 | 1188.7511 | 1191.4605 |
| September | 1194.6092 | 1190.0000 | 1192.4167 |
| October | 1193.7665 | 1187.7119 | 1191.2390 |
| November | 1193.1987 | 1183.7496 | 1190.9268 |
| December | 1198.9186 | 1190.0000 | 1191.4890 |