YEARLY HIGH
173.9001 IQD
YEARLY LOW
170.7142 IQD
YEARLY AVERAGE
172.2165 IQD

2018 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 173.9001. Conversely, the yearly low was recorded on March 8, dropping to 170.7142.

This high-to-low spread represents a total annual volatility of 3.1859 IQD. From a start-to-finish perspective, comparing the January average rate of 171.9346 to the December average rate of 172.3949, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 173.9001 was up 0.58% compared to the 2017 peak of 172.8979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 869,501 IQD
2017 Average 845,430 IQD
Yearly Trough Low 853,571 IQD
Transaction Impact: A difference of 15,929.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

172.5968
171.5046
JanuMarcMayJulySeptNove

BOB 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 171.9792, compared to 172.4537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4745 points.

H1 Avg (Jan–Jun) 171.9792
H2 Avg (Jul–Dec) 172.4537

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 2.3596 IQD (High: 173.0739 / Low: 170.7142). On the other end, October was the most stable month, with a tight range of 0.5693 IQD (High: 172.7311 / Low: 172.1618).

March Spread (Volatile) ±2.3596
October Spread (Stable) ±0.5693

Growth Streaks & Declines

Trends

Between 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 0.3390 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 172.5014) against the same month in 2017 (average: 167.8824), the exchange rate shifted by +4.6189 (+2.75%).

2018 Avg (July) 172.5014
2017 Avg (July) 167.8824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 172.6399 170.9529 171.9346
February 172.5121 171.1722 171.5956
March 173.0739 170.7142 171.7688
April 172.6790 171.7793 172.1377
May 172.6815 171.6306 172.2527
June 172.7256 171.8064 172.1858
July 173.9001 172.0519 172.5014
August 173.1428 171.8972 172.5058
September 172.7394 171.4653 172.4338
October 172.7311 172.1618 172.4132
November 173.6059 171.8899 172.4733
December 173.4459 171.8261 172.3949