YEARLY HIGH
1689.7982 IQD
YEARLY LOW
1666.8897 IQD
YEARLY AVERAGE
1677.0589 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,448,991 IQD
2017 Average 8,270,114 IQD
Yearly Trough Low 8,334,448 IQD
Transaction Impact: A difference of 114,542.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1680.8739
1670.7116
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1675.1768
H2 Avg (Jul–Dec) 1678.9410

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±22.5236
August Spread (Stable) ±7.9326

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2022

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 1678.7780
2017 Avg (December) 1678.2861

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