YEARLY HIGH
0.0239 ETB
YEARLY LOW
0.0228 ETB
YEARLY AVERAGE
0.0233 ETB

2018 IQD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0239. Conversely, the yearly low was recorded on January 20, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0011 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0237, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0239 was up 1.79% compared to the 2017 peak of 0.0235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 ETB
2017 Average 102 ETB
Yearly Trough Low 114 ETB
Transaction Impact: A difference of 5.43 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0237
0.0230
JanuMarcMayJulySeptNove

IQD to ETB 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 0.0231, compared to 0.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0231
H2 Avg (Jul–Dec) 0.0234

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0005 ETB (High: 0.0239 / Low: 0.0234). On the other end, May was the most stable month, with a tight range of 0.0001 ETB (High: 0.0232 / Low: 0.0231).

December Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0237) against the same month in 2017 (average: 0.0230), the exchange rate shifted by +0.0007 (+2.97%).

2018 Avg (December) 0.0237
2017 Avg (December) 0.0230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0233 0.0228 0.0231
February 0.0233 0.0230 0.0232
March 0.0233 0.0229 0.0232
April 0.0232 0.0230 0.0231
May 0.0232 0.0231 0.0231
June 0.0232 0.0231 0.0232
July 0.0233 0.0229 0.0232
August 0.0233 0.0231 0.0232
September 0.0235 0.0231 0.0233
October 0.0236 0.0232 0.0234
November 0.0236 0.0234 0.0235
December 0.0239 0.0234 0.0237