YEARLY HIGH
0.0524 MZN
YEARLY LOW
0.0485 MZN
YEARLY AVERAGE
0.0506 MZN

2018 IQD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0524. Conversely, the yearly low was recorded on August 9, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.0039 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0497 to the December average rate of 0.0512, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0524 was down 14.18% compared to the 2017 peak of 0.0611, 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 262 MZN
2017 Average 274 MZN
Yearly Trough Low 242 MZN
Transaction Impact: A difference of 19.59 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0524
0.0490
JanuMarcMayJulySeptNove

IQD to MZN 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 0.0508, compared to 0.0505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0508
H2 Avg (Jul–Dec) 0.0505

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0018 MZN (High: 0.0503 / Low: 0.0485). On the other end, October was the most stable month, with a tight range of 0.0004 MZN (High: 0.0510 / Low: 0.0507).

August Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0521) against the same month in 2017 (average: 0.0589), the exchange rate shifted by -0.0068 (-11.50%).

2018 Avg (March) 0.0521
2017 Avg (March) 0.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0507 0.0490 0.0497
February 0.0516 0.0511 0.0514
March 0.0524 0.0513 0.0521
April 0.0515 0.0502 0.0510
May 0.0510 0.0501 0.0506
June 0.0503 0.0497 0.0501
July 0.0505 0.0487 0.0495
August 0.0503 0.0485 0.0493
September 0.0511 0.0502 0.0507
October 0.0510 0.0507 0.0509
November 0.0515 0.0507 0.0511
December 0.0517 0.0506 0.0512