YEARLY HIGH
0.1332 IQD
YEARLY LOW
0.1292 IQD
YEARLY AVERAGE
0.1315 IQD

2018 GNF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.1332. Conversely, the yearly low was recorded on December 29, dropping to 0.1292.

This high-to-low spread represents a total annual volatility of 0.0040 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1319 to the December average rate of 0.1301, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1332 was down 0.10% compared to the 2017 peak of 0.1333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 666 IQD
2017 Average 643 IQD
Yearly Trough Low 646 IQD
Transaction Impact: A difference of 19.88 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1322
0.1300
JanuMarcMayJulySeptNove

GNF 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 0.1318, compared to 0.1311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1318
H2 Avg (Jul–Dec) 0.1311

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0023 IQD (High: 0.1332 / Low: 0.1309). On the other end, February was the most stable month, with a tight range of 0.0008 IQD (High: 0.1321 / Low: 0.1313).

August Spread (Volatile) ±0.0023
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.1317) against the same month in 2017 (average: 0.1307), the exchange rate shifted by +0.0010 (+0.79%).

2018 Avg (August) 0.1317
2017 Avg (August) 0.1307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1330 0.1314 0.1319
February 0.1321 0.1313 0.1317
March 0.1324 0.1313 0.1318
April 0.1326 0.1315 0.1319
May 0.1325 0.1317 0.1320
June 0.1325 0.1314 0.1318
July 0.1321 0.1304 0.1316
August 0.1332 0.1309 0.1317
September 0.1319 0.1304 0.1315
October 0.1319 0.1304 0.1312
November 0.1314 0.1297 0.1307
December 0.1312 0.1292 0.1301