2018 JOD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1689.7982. Conversely, the yearly low was recorded on January 6, dropping to 1666.8897.
This high-to-low spread represents a total annual volatility of 22.9085 IQD. From a start-to-finish perspective, comparing the January average rate of 1674.7607 to the December average rate of 1678.7780, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1689.7982 was up 0.04% compared to the 2017 peak of 1689.2017, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JOD to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1675.1768, compared to 1678.9410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7642 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 22.5236 IQD (High: 1689.4133 / Low: 1666.8897). On the other end, August was the most stable month, with a tight range of 7.9326 IQD (High: 1682.7929 / Low: 1674.8603).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.2022 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 1678.7780) against the same month in 2017 (average: 1678.2861), the exchange rate shifted by +0.4919 (+0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1689.4133 | 1666.8897 | 1674.7607 |
| February | 1681.7406 | 1666.8945 | 1671.5585 |
| March | 1686.0686 | 1667.7139 | 1673.8097 |
| April | 1680.6835 | 1671.1249 | 1676.2716 |
| May | 1682.4216 | 1673.6997 | 1677.8879 |
| June | 1688.0418 | 1671.3417 | 1676.7725 |
| July | 1682.6012 | 1670.2409 | 1678.3580 |
| August | 1682.7929 | 1674.8603 | 1679.0584 |
| September | 1683.7268 | 1675.0902 | 1680.0271 |
| October | 1682.5390 | 1674.0054 | 1678.8981 |
| November | 1681.7388 | 1668.4184 | 1678.5266 |
| December | 1689.7982 | 1676.9846 | 1678.7780 |