YEARLY HIGH
0.3079 NGN
YEARLY LOW
0.3006 NGN
YEARLY AVERAGE
0.3036 NGN

2018 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.3079. Conversely, the yearly low was recorded on January 20, dropping to 0.3006.

This high-to-low spread represents a total annual volatility of 0.0073 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3031 to the December average rate of 0.3055, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3079 was down 2.02% compared to the 2017 peak of 0.3143, 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 1,540 NGN
2017 Average 1,423 NGN
Yearly Trough Low 1,503 NGN
Transaction Impact: A difference of 36.37 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3058
0.3023
JanuMarcMayJulySeptNove

IQD to NGN 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 0.3030, compared to 0.3042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.3030
H2 Avg (Jul–Dec) 0.3042

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0056 NGN (High: 0.3079 / Low: 0.3023). On the other end, April was the most stable month, with a tight range of 0.0016 NGN (High: 0.3033 / Low: 0.3017).

November Spread (Volatile) ±0.0056
April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and December, 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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.3052) against the same month in 2017 (average: 0.3081), the exchange rate shifted by -0.0029 (-0.94%).

2018 Avg (November) 0.3052
2017 Avg (November) 0.3081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3052 0.3006 0.3031
February 0.3052 0.3024 0.3040
March 0.3047 0.3013 0.3034
April 0.3033 0.3017 0.3026
May 0.3039 0.3017 0.3026
June 0.3037 0.3015 0.3027
July 0.3034 0.3013 0.3028
August 0.3040 0.3019 0.3030
September 0.3052 0.3013 0.3037
October 0.3059 0.3042 0.3050
November 0.3079 0.3023 0.3052
December 0.3067 0.3041 0.3055