2018 BWP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BWP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BWP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 125.8814. Conversely, the yearly low was recorded on September 5, dropping to 108.0906.
This high-to-low spread represents a total annual volatility of 17.7909 IQD. From a start-to-finish perspective, comparing the January average rate of 121.9692 to the December average rate of 111.4107, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 125.8814 was up 3.79% compared to the 2017 peak of 121.2871, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BWP 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 121.6138, compared to 112.3118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.3020 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 6.7482 IQD (High: 116.1486 / Low: 109.4004). On the other end, March was the most stable month, with a tight range of 2.1057 IQD (High: 125.3943 / Low: 123.2886).
Growth Streaks & Declines
TrendsBetween January and March, 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 May and June, when the average rate fell by 3.5536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 124.0866) against the same month in 2017 (average: 113.0288), the exchange rate shifted by +11.0578 (+9.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.5656 | 119.8423 | 121.9692 |
| February | 125.8814 | 122.1943 | 124.0866 |
| March | 125.3943 | 123.2886 | 124.0971 |
| April | 124.7557 | 120.7663 | 123.1000 |
| May | 121.6453 | 118.6296 | 119.9917 |
| June | 119.6896 | 113.7211 | 116.4382 |
| July | 116.7365 | 113.9405 | 115.5682 |
| August | 116.1486 | 109.4004 | 112.7240 |
| September | 112.6935 | 108.0906 | 110.5506 |
| October | 112.0694 | 109.7214 | 111.6432 |
| November | 113.3743 | 110.6031 | 111.9741 |
| December | 113.8624 | 110.3896 | 111.4107 |