YEARLY HIGH
1.3639 MMK
YEARLY LOW
1.1084 MMK
YEARLY AVERAGE
1.2118 MMK

2018 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 1.3639. Conversely, the yearly low was recorded on April 18, dropping to 1.1084.

This high-to-low spread represents a total annual volatility of 0.2555 MMK. From a start-to-finish perspective, comparing the January average rate of 1.1319 to the December average rate of 1.3146, the exchange rate registered a net change of 16.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3639 was up 15.67% compared to the 2017 peak of 1.1791, 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 6,820 MMK
2017 Average 5,803 MMK
Yearly Trough Low 5,542 MMK
Transaction Impact: A difference of 1,277.55 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3639
1.0986
JanuMarcMayJulySeptNove

IQD to MMK 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 1.1318, compared to 1.2918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1600 points.

H1 Avg (Jan–Jun) 1.1318
H2 Avg (Jul–Dec) 1.2918

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0922 MMK (High: 1.3639 / Low: 1.2717). On the other end, March was the most stable month, with a tight range of 0.0115 MMK (High: 1.1325 / Low: 1.1210).

September Spread (Volatile) ±0.0922
March Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0271 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.3152) against the same month in 2017 (average: 1.1620), the exchange rate shifted by +0.1532 (+13.18%).

2018 Avg (September) 1.3152
2017 Avg (September) 1.1620

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1454 1.1208 1.1319
February 1.1333 1.1164 1.1240
March 1.1325 1.1210 1.1264
April 1.1336 1.1084 1.1207
May 1.1430 1.1225 1.1344
June 1.1920 1.1353 1.1533
July 1.2238 1.1819 1.2002
August 1.2969 1.2234 1.2582
September 1.3639 1.2717 1.3152
October 1.3493 1.2774 1.3206
November 1.3489 1.3244 1.3418
December 1.3306 1.2962 1.3146