YEARLY HIGH
65.9919 IQD
YEARLY LOW
57.0910 IQD
YEARLY AVERAGE
61.9803 IQD

2018 MXN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MXN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 65.9919. Conversely, the yearly low was recorded on June 14, dropping to 57.0910.

This high-to-low spread represents a total annual volatility of 8.9009 IQD. From a start-to-finish perspective, comparing the January average rate of 62.8654 to the December average rate of 59.3342, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 65.9919 was down 1.92% compared to the 2017 peak of 67.2867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,299,594 IQD
2017 Average 3,109,875 IQD
Yearly Trough Low 2,854,551 IQD
Transaction Impact: A difference of 445,043.24 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

65.3457
58.1268
JanuMarcMayJulySeptNove

MXN 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 62.4537, compared to 61.5070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9467 points.

H1 Avg (Jan–Jun) 62.4537
H2 Avg (Jul–Dec) 61.5070

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 4.9466 IQD (High: 63.6947 / Low: 58.7481). On the other end, February was the most stable month, with a tight range of 2.1146 IQD (High: 64.7990 / Low: 62.6845).

October Spread (Volatile) ±4.9466
February Spread (Stable) ±2.1146

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 3.8299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 64.7441) against the same month in 2017 (average: 62.5303), the exchange rate shifted by +2.2138 (+3.54%).

2018 Avg (April) 64.7441
2017 Avg (April) 62.5303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.2649 60.5460 62.8654
February 64.7990 62.6845 63.6194
March 65.4743 62.7929 63.8504
April 65.9919 62.8349 64.7441
May 62.9904 59.7535 60.9142
June 60.2895 57.0910 58.7284
July 64.2940 59.6227 62.6963
August 64.5685 62.1288 63.2209
September 63.8337 61.5933 62.7708
October 63.6947 58.7481 62.1318
November 60.4546 57.8016 58.8878
December 60.6671 57.9784 59.3342