YEARLY HIGH
0.9022 IQD
YEARLY LOW
0.7332 IQD
YEARLY AVERAGE
0.8295 IQD

2018 MMK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.9022. Conversely, the yearly low was recorded on September 23, dropping to 0.7332.

This high-to-low spread represents a total annual volatility of 0.1690 IQD. From a start-to-finish perspective, comparing the January average rate of 0.8835 to the December average rate of 0.7607, the exchange rate registered a net change of -13.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9022 was up 2.38% compared to the 2017 peak of 0.8812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,511 IQD
2017 Average 4,309 IQD
Yearly Trough Low 3,666 IQD
Transaction Impact: A difference of 845.07 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9070
0.7306
JanuMarcMayJulySeptNove

MMK 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 0.8837, compared to 0.7754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1083 points.

H1 Avg (Jan–Jun) 0.8837
H2 Avg (Jul–Dec) 0.7754

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0531 IQD (High: 0.7863 / Low: 0.7332). On the other end, March was the most stable month, with a tight range of 0.0091 IQD (High: 0.8921 / Low: 0.8830).

September Spread (Volatile) ±0.0531
March Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0382 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.8923) against the same month in 2017 (average: 0.8613), the exchange rate shifted by +0.0310 (+3.60%).

2018 Avg (April) 0.8923
2017 Avg (April) 0.8613

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8922 0.8730 0.8835
February 0.8957 0.8824 0.8897
March 0.8921 0.8830 0.8878
April 0.9022 0.8822 0.8923
May 0.8909 0.8749 0.8815
June 0.8808 0.8389 0.8673
July 0.8461 0.8171 0.8333
August 0.8174 0.7711 0.7951
September 0.7863 0.7332 0.7606
October 0.7828 0.7411 0.7574
November 0.7550 0.7413 0.7453
December 0.7715 0.7515 0.7607