2018 EGP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 67.8523. Conversely, the yearly low was recorded on July 21, dropping to 66.2035.
This high-to-low spread represents a total annual volatility of 1.6488 IQD. From a start-to-finish perspective, comparing the January average rate of 67.1334 to the December average rate of 66.5249, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 67.8523 was down 9.34% compared to the 2017 peak of 74.8394, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
EGP 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 67.0724, compared to 66.5861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4863 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 1.3621 IQD (High: 67.7030 / Low: 66.3409). On the other end, October was the most stable month, with a tight range of 0.3567 IQD (High: 66.6519 / Low: 66.2952).
Growth Streaks & Declines
TrendsBetween July and September, 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 April and May, when the average rate fell by 0.3997 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 67.3487) against the same month in 2017 (average: 66.7183), the exchange rate shifted by +0.6304 (+0.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.6197 | 66.7666 | 67.1334 |
| February | 67.5311 | 66.7871 | 67.1102 |
| March | 67.8523 | 67.0369 | 67.3487 |
| April | 67.6990 | 67.0584 | 67.3081 |
| May | 67.7030 | 66.3409 | 66.9084 |
| June | 66.9595 | 66.3909 | 66.6253 |
| July | 67.0169 | 66.2035 | 66.5806 |
| August | 67.0765 | 66.4285 | 66.6617 |
| September | 67.0765 | 66.4620 | 66.6686 |
| October | 66.6519 | 66.2952 | 66.5316 |
| November | 66.7525 | 66.3174 | 66.5489 |
| December | 67.0799 | 66.3158 | 66.5249 |