YEARLY HIGH
0.3851 IQD
YEARLY LOW
0.3248 IQD
YEARLY AVERAGE
0.3567 IQD

2018 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.3851. Conversely, the yearly low was recorded on November 28, dropping to 0.3248.

This high-to-low spread represents a total annual volatility of 0.0602 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3665 to the December average rate of 0.3356, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3851 was down 5.38% compared to the 2017 peak of 0.4070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,925 IQD
2017 Average 1,880 IQD
Yearly Trough Low 1,624 IQD
Transaction Impact: A difference of 301.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3814
0.3265
JanuMarcMayJulySeptNove

MGA 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 0.3678, compared to 0.3456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.3678
H2 Avg (Jul–Dec) 0.3456

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0167 IQD (High: 0.3422 / Low: 0.3256). On the other end, August was the most stable month, with a tight range of 0.0058 IQD (High: 0.3628 / Low: 0.3570).

December Spread (Volatile) ±0.0167
August Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0113 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.3769) against the same month in 2017 (average: 0.3689), the exchange rate shifted by +0.0080 (+2.17%).

2018 Avg (March) 0.3769
2017 Avg (March) 0.3689

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3707 0.3630 0.3665
February 0.3808 0.3671 0.3742
March 0.3851 0.3698 0.3769
April 0.3720 0.3658 0.3698
May 0.3688 0.3576 0.3653
June 0.3587 0.3501 0.3540
July 0.3638 0.3514 0.3562
August 0.3628 0.3570 0.3602
September 0.3578 0.3466 0.3505
October 0.3468 0.3364 0.3402
November 0.3382 0.3248 0.3311
December 0.3422 0.3256 0.3356