2018 ETB to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |