YEARLY HIGH
0.0129 ZAR
YEARLY LOW
0.0097 ZAR
YEARLY AVERAGE
0.0111 ZAR

2018 IQD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IQD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0129. Conversely, the yearly low was recorded on February 24, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0032 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0120, the exchange rate registered a net change of 16.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0129 was up 3.96% compared to the 2017 peak of 0.0124, 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 65 ZAR
2017 Average 57 ZAR
Yearly Trough Low 48 ZAR
Transaction Impact: A difference of 16.22 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0126
0.0097
JanuMarcMayJulySeptNove

IQD to ZAR 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 0.0103, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0103
H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0012 ZAR (High: 0.0123 / Low: 0.0111). On the other end, March was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0101 / Low: 0.0098).

August Spread (Volatile) ±0.0012
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and September, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0124) against the same month in 2017 (average: 0.0112), the exchange rate shifted by +0.0011 (+10.00%).

2018 Avg (September) 0.0124
2017 Avg (September) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0100 0.0103
February 0.0103 0.0097 0.0100
March 0.0101 0.0098 0.0100
April 0.0105 0.0099 0.0102
May 0.0107 0.0103 0.0105
June 0.0116 0.0105 0.0112
July 0.0116 0.0110 0.0112
August 0.0123 0.0111 0.0118
September 0.0129 0.0118 0.0124
October 0.0125 0.0119 0.0122
November 0.0121 0.0115 0.0118
December 0.0123 0.0115 0.0120