YEARLY HIGH
43.8189 IQD
YEARLY LOW
41.8278 IQD
YEARLY AVERAGE
43.0110 IQD

2018 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 43.8189. Conversely, the yearly low was recorded on December 29, dropping to 41.8278.

This high-to-low spread represents a total annual volatility of 1.9911 IQD. From a start-to-finish perspective, comparing the January average rate of 43.2902 to the December average rate of 42.2566, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 43.8189 was down 17.11% compared to the 2017 peak of 52.8622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219,094 IQD
2017 Average 245,941 IQD
Yearly Trough Low 209,139 IQD
Transaction Impact: A difference of 9,955.58 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

43.3936
42.1532
JanuMarcMayJulySeptNove

ETB 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 43.2175, compared to 42.8045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4130 points.

H1 Avg (Jan–Jun) 43.2175
H2 Avg (Jul–Dec) 42.8045

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.9041 IQD (High: 43.8189 / Low: 42.9148). On the other end, May was the most stable month, with a tight range of 0.2098 IQD (High: 43.3602 / Low: 43.1504).

January Spread (Volatile) ±0.9041
May Spread (Stable) ±0.2098

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.2811 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 43.2902) against the same month in 2017 (average: 52.3294), the exchange rate shifted by -9.0392 (-17.27%).

2018 Avg (January) 43.2902
2017 Avg (January) 52.3294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.8189 42.9148 43.2902
February 43.4873 42.9090 43.1210
March 43.5797 42.9245 43.1691
April 43.5199 43.0903 43.2788
May 43.3602 43.1504 43.2602
June 43.3669 43.0616 43.1859
July 43.6249 42.8432 43.1934
August 43.2340 42.9112 43.1069
September 43.3743 42.6118 43.0034
October 43.1105 42.3488 42.7290
November 42.7394 42.3091 42.5377
December 42.7240 41.8278 42.2566