YEARLY HIGH
308.6476 IQD
YEARLY LOW
282.6460 IQD
YEARLY AVERAGE
295.0899 IQD

2018 MYR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 308.6476. Conversely, the yearly low was recorded on November 18, dropping to 282.6460.

This high-to-low spread represents a total annual volatility of 26.0016 IQD. From a start-to-finish perspective, comparing the January average rate of 300.5003 to the December average rate of 285.5817, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 308.6476 was up 4.78% compared to the 2017 peak of 294.5804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 6,172,953 IQD
2017 Average 5,460,713 IQD
Yearly Trough Low 5,652,920 IQD
Transaction Impact: A difference of 520,032.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

308.0563
282.5899
JanuMarcMayJulySeptNove

MYR 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 301.8440, compared to 288.3358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.5082 points.

H1 Avg (Jan–Jun) 301.8440
H2 Avg (Jul–Dec) 288.3358

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 13.5537 IQD (High: 306.6117 / Low: 293.0580). On the other end, September was the most stable month, with a tight range of 2.7094 IQD (High: 289.9668 / Low: 287.2574).

January Spread (Volatile) ±13.5537
September Spread (Stable) ±2.7094

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 6.1310 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.1310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 305.9341) against the same month in 2017 (average: 266.0050), the exchange rate shifted by +39.9291 (+15.01%).

2018 Avg (April) 305.9341
2017 Avg (April) 266.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 306.6117 293.0580 300.5003
February 306.2444 299.1053 303.0875
March 308.6091 300.9964 304.0644
April 308.6476 302.8808 305.9341
May 304.3954 294.0313 299.8031
June 301.0344 294.4286 297.6748
July 295.8161 291.7040 294.1593
August 293.1527 289.3294 291.0679
September 289.9668 287.2574 288.0958
October 287.8853 284.4494 286.3980
November 286.8773 282.6460 284.7121
December 288.2033 283.7049 285.5817