YEARLY HIGH
67.8523 IQD
YEARLY LOW
66.2035 IQD
YEARLY AVERAGE
66.8292 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 339,262 IQD
2017 Average 329,163 IQD
Yearly Trough Low 331,017 IQD
Transaction Impact: A difference of 8,244.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

67.4311
66.4425
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 67.0724
H2 Avg (Jul–Dec) 66.5861

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±1.3621
October Spread (Stable) ±0.3567

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3997

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (March) 67.3487
2017 Avg (March) 66.7183

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