YEARLY HIGH
199.6560 IQD
YEARLY LOW
179.4721 IQD
YEARLY AVERAGE
188.5951 IQD

2018 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 199.6560. Conversely, the yearly low was recorded on November 12, dropping to 179.4721.

This high-to-low spread represents a total annual volatility of 20.1839 IQD. From a start-to-finish perspective, comparing the January average rate of 194.7338 to the December average rate of 181.5663, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 199.6560 was up 4.09% compared to the 2017 peak of 191.8046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 998,280 IQD
2017 Average 891,107 IQD
Yearly Trough Low 897,360 IQD
Transaction Impact: A difference of 100,919.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

198.1631
179.9031
JanuMarcMayJulySeptNove

DKK 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 193.2137, compared to 183.9765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.2372 points.

H1 Avg (Jan–Jun) 193.2137
H2 Avg (Jul–Dec) 183.9765

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 7.5619 IQD (High: 198.3705 / Low: 190.8086). On the other end, July was the most stable month, with a tight range of 1.9257 IQD (High: 187.9359 / Low: 186.0101).

January Spread (Volatile) ±7.5619
July Spread (Stable) ±1.9257

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 April and May, when the average rate fell by 7.0486 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -7.0486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 196.6414) against the same month in 2017 (average: 169.0852), the exchange rate shifted by +27.5562 (+16.30%).

2018 Avg (February) 196.6414
2017 Avg (February) 169.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 198.3705 190.8086 194.7338
February 199.6560 193.6769 196.6414
March 198.5840 194.6792 196.5534
April 197.8110 192.9873 195.9471
May 192.1112 184.5931 188.8986
June 188.6179 184.6900 186.5080
July 187.9359 186.0101 186.8259
August 187.4744 181.3616 184.3793
September 188.3116 185.0245 186.2424
October 185.2182 181.0635 183.4206
November 182.8575 179.4721 181.4248
December 182.9100 180.3644 181.5663