2018 GHS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GHS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 270.4465. Conversely, the yearly low was recorded on December 9, dropping to 238.4698.
This high-to-low spread represents a total annual volatility of 31.9767 IQD. From a start-to-finish perspective, comparing the January average rate of 261.7103 to the December average rate of 242.2846, the exchange rate registered a net change of -7.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 270.4465 was down 5.27% compared to the 2017 peak of 285.4889, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GHS 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 262.4892, compared to 246.4592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.0300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 14.4281 IQD (High: 253.0781 / Low: 238.6501). On the other end, July was the most stable month, with a tight range of 3.7755 IQD (High: 250.4560 / Low: 246.6805).
Growth Streaks & Declines
TrendsBetween January and March, 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 May and June, when the average rate fell by 8.5563 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 267.8944) against the same month in 2017 (average: 259.4792), the exchange rate shifted by +8.4152 (+3.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 264.0434 | 259.8913 | 261.7103 |
| February | 267.3150 | 263.1934 | 265.2166 |
| March | 270.4465 | 265.2466 | 267.8944 |
| April | 269.9229 | 265.1780 | 267.7271 |
| May | 265.7472 | 252.9302 | 260.4716 |
| June | 254.9592 | 248.2255 | 251.9153 |
| July | 250.4560 | 246.6805 | 248.4361 |
| August | 252.1381 | 244.1026 | 248.3409 |
| September | 253.0781 | 238.6501 | 249.0386 |
| October | 248.6628 | 239.9194 | 245.6893 |
| November | 248.9616 | 239.7391 | 244.9657 |
| December | 247.4702 | 238.4698 | 242.2846 |