YEARLY HIGH
595.7120 IQD
YEARLY LOW
588.1756 IQD
YEARLY AVERAGE
591.8167 IQD

2018 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 595.7120. Conversely, the yearly low was recorded on February 6, dropping to 588.1756.

This high-to-low spread represents a total annual volatility of 7.5364 IQD. From a start-to-finish perspective, comparing the January average rate of 591.3397 to the December average rate of 591.0382, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 595.7120 was up 0.02% compared to the 2017 peak of 595.5740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,978,560 IQD
2017 Average 2,916,274 IQD
Yearly Trough Low 2,940,878 IQD
Transaction Impact: A difference of 37,681.99 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

593.4608
589.5460
JanuMarcMayJulySeptNove

BZD 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 591.3308, compared to 592.3026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9718 points.

H1 Avg (Jan–Jun) 591.3308
H2 Avg (Jul–Dec) 592.3026

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 5.9470 IQD (High: 594.4846 / Low: 588.5376). On the other end, September was the most stable month, with a tight range of 1.7785 IQD (High: 593.6587 / Low: 591.8802).

March Spread (Volatile) ±5.9470
September Spread (Stable) ±1.7785

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 1.4675 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 592.0291) against the same month in 2017 (average: 581.7611), the exchange rate shifted by +10.2679 (+1.76%).

2018 Avg (June) 592.0291
2017 Avg (June) 581.7611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 593.3350 588.4427 591.3397
February 593.0544 588.1756 589.8722
March 594.4846 588.5376 590.7809
April 593.6362 590.4791 591.7491
May 593.6456 590.6896 592.2139
June 595.7120 590.6532 592.0291
July 594.9132 589.2026 592.4941
August 593.7910 591.9671 592.9954
September 593.6587 591.8802 593.1345
October 593.8122 591.6298 592.7559
November 593.2415 590.2388 591.3974
December 594.5810 590.1144 591.0382