YEARLY HIGH
3.0785 MGA
YEARLY LOW
2.5969 MGA
YEARLY AVERAGE
2.8083 MGA

2018 IQD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 3.0785. Conversely, the yearly low was recorded on March 7, dropping to 2.5969.

This high-to-low spread represents a total annual volatility of 0.4816 MGA. From a start-to-finish perspective, comparing the January average rate of 2.7286 to the December average rate of 2.9806, the exchange rate registered a net change of 9.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.0785 was up 7.46% compared to the 2017 peak of 2.8648, 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 15,392 MGA
2017 Average 13,311 MGA
Yearly Trough Low 12,984 MGA
Transaction Impact: A difference of 2,408.13 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.0577
2.6172
JanuMarcMayJulySeptNove

IQD to MGA 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 2.7203, compared to 2.8964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1761 points.

H1 Avg (Jan–Jun) 2.7203
H2 Avg (Jul–Dec) 2.8964

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1495 MGA (High: 3.0715 / Low: 2.9219). On the other end, August was the most stable month, with a tight range of 0.0452 MGA (High: 2.8014 / Low: 2.7563).

December Spread (Volatile) ±0.1495
August Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0563 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 3.0210) against the same month in 2017 (average: 2.7240), the exchange rate shifted by +0.2970 (+10.90%).

2018 Avg (November) 3.0210
2017 Avg (November) 2.7240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7548 2.6979 2.7286
February 2.7241 2.6259 2.6723
March 2.7040 2.5969 2.6539
April 2.7337 2.6883 2.7043
May 2.7962 2.7116 2.7374
June 2.8564 2.7881 2.8250
July 2.8455 2.7490 2.8077
August 2.8014 2.7563 2.7763
September 2.8853 2.7949 2.8532
October 2.9725 2.8836 2.9395
November 3.0785 2.9567 3.0210
December 3.0715 2.9219 2.9806