2018 NIO to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NIO to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NIO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 38.7116. Conversely, the yearly low was recorded on December 29, dropping to 36.4919.
This high-to-low spread represents a total annual volatility of 2.2197 IQD. From a start-to-finish perspective, comparing the January average rate of 38.3838 to the December average rate of 36.7318, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 38.7116 was down 5.17% compared to the 2017 peak of 40.8228, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NIO 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 38.0521, compared to 37.1305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9215 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.6773 IQD (High: 38.7116 / Low: 38.0343). On the other end, November was the most stable month, with a tight range of 0.1865 IQD (High: 36.9565 / Low: 36.7700).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 38.3838) against the same month in 2017 (average: 40.1576), the exchange rate shifted by -1.7738 (-4.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.7116 | 38.0343 | 38.3838 |
| February | 38.3047 | 37.8357 | 38.0667 |
| March | 38.3289 | 37.8357 | 38.0994 |
| April | 38.2817 | 37.9795 | 38.1171 |
| May | 38.2146 | 37.7144 | 37.9591 |
| June | 38.0092 | 37.4606 | 37.6862 |
| July | 37.6940 | 37.3948 | 37.5488 |
| August | 37.5585 | 37.2238 | 37.3725 |
| September | 37.3650 | 36.9016 | 37.2156 |
| October | 37.1754 | 36.9016 | 37.0314 |
| November | 36.9565 | 36.7700 | 36.8831 |
| December | 37.0265 | 36.4919 | 36.7318 |