YEARLY HIGH
20.6193 IQD
YEARLY LOW
19.0781 IQD
YEARLY AVERAGE
19.7557 IQD

2018 MZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 20.6193. Conversely, the yearly low was recorded on March 10, dropping to 19.0781.

This high-to-low spread represents a total annual volatility of 1.5412 IQD. From a start-to-finish perspective, comparing the January average rate of 20.1161 to the December average rate of 19.5319, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.6193 was up 1.87% compared to the 2017 peak of 20.2405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,097 IQD
2017 Average 91,661 IQD
Yearly Trough Low 95,391 IQD
Transaction Impact: A difference of 7,706.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.4058
19.0740
JanuMarcMayJulySeptNove

MZN 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 19.6861, compared to 19.8253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1393 points.

H1 Avg (Jan–Jun) 19.6861
H2 Avg (Jul–Dec) 19.8253

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.7242 IQD (High: 20.6193 / Low: 19.8951). On the other end, October was the most stable month, with a tight range of 0.1511 IQD (High: 19.7425 / Low: 19.5914).

August Spread (Volatile) ±0.7242
October Spread (Stable) ±0.1511

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6526 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 20.2948) against the same month in 2017 (average: 19.0988), the exchange rate shifted by +1.1959 (+6.26%).

2018 Avg (August) 20.2948
2017 Avg (August) 19.0988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3914 19.7399 20.1161
February 19.5856 19.3951 19.4635
March 19.4935 19.0781 19.1850
April 19.9385 19.4060 19.6001
May 19.9753 19.5986 19.7782
June 20.1049 19.8611 19.9736
July 20.5273 19.8169 20.1851
August 20.6193 19.8951 20.2948
September 19.9248 19.5876 19.7162
October 19.7425 19.5914 19.6575
November 19.7182 19.4282 19.5665
December 19.7676 19.3344 19.5319