YEARLY HIGH
9.6299 IQD
YEARLY LOW
8.6760 IQD
YEARLY AVERAGE
9.2418 IQD

2018 JMD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 9.6299. Conversely, the yearly low was recorded on September 3, dropping to 8.6760.

This high-to-low spread represents a total annual volatility of 0.9539 IQD. From a start-to-finish perspective, comparing the January average rate of 9.5686 to the December average rate of 9.3196, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.6299 was up 0.61% compared to the 2017 peak of 9.5715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 48,150 IQD
2017 Average 45,718 IQD
Yearly Trough Low 43,380 IQD
Transaction Impact: A difference of 4,769.62 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.6503
8.6705
JanuMarcMayJulySeptNove

JMD to IQD 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 9.4203, compared to 9.0634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3569 points.

H1 Avg (Jan–Jun) 9.4203
H2 Avg (Jul–Dec) 9.0634

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.4495 IQD (High: 9.2894 / Low: 8.8398). On the other end, January was the most stable month, with a tight range of 0.1254 IQD (High: 9.6299 / Low: 9.5046).

October Spread (Volatile) ±0.4495
January Spread (Stable) ±0.1254

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 9.5686) against the same month in 2017 (average: 9.1659), the exchange rate shifted by +0.4028 (+4.39%).

2018 Avg (January) 9.5686
2017 Avg (January) 9.1659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6299 9.5046 9.5686
February 9.5528 9.3103 9.4336
March 9.4620 9.2290 9.3320
April 9.5832 9.4196 9.5306
May 9.5766 9.3703 9.4796
June 9.4283 9.0096 9.1771
July 9.2029 8.9374 9.0939
August 8.9262 8.6993 8.7877
September 8.8587 8.6760 8.7521
October 9.2894 8.8398 9.0147
November 9.5272 9.2916 9.4122
December 9.4597 9.2335 9.3196