2018 MOP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MOP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 148.3507. Conversely, the yearly low was recorded on March 27, dropping to 146.4192.
This high-to-low spread represents a total annual volatility of 1.9316 IQD. From a start-to-finish perspective, comparing the January average rate of 147.5806 to the December average rate of 147.8547, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 148.3507 was down 0.94% compared to the 2017 peak of 149.7653, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MOP 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 147.2270, compared to 147.6083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3813 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 1.4274 IQD (High: 147.8465 / Low: 146.4192). On the other end, August was the most stable month, with a tight range of 0.4662 IQD (High: 147.6242 / Low: 147.1580).
Growth Streaks & Declines
TrendsBetween June and September, 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 0.4149 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 147.6865) against the same month in 2017 (average: 145.3983), the exchange rate shifted by +2.2882 (+1.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.1012 | 146.8749 | 147.5806 |
| February | 147.9329 | 146.7283 | 147.1657 |
| March | 147.8465 | 146.4192 | 147.0108 |
| April | 147.6595 | 146.8152 | 147.1298 |
| May | 147.5989 | 146.8497 | 147.2452 |
| June | 148.1538 | 146.8956 | 147.2298 |
| July | 147.6601 | 146.6898 | 147.3352 |
| August | 147.6242 | 147.1580 | 147.4207 |
| September | 148.3507 | 147.2750 | 147.6865 |
| October | 147.9553 | 147.2935 | 147.5943 |
| November | 148.0692 | 147.4897 | 147.7583 |
| December | 148.2154 | 147.4701 | 147.8547 |