2018 NOK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 155.4628. Conversely, the yearly low was recorded on December 27, dropping to 135.7826.
This high-to-low spread represents a total annual volatility of 19.6802 IQD. From a start-to-finish perspective, comparing the January average rate of 150.3310 to the December average rate of 138.0089, the exchange rate registered a net change of -8.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 155.4628 was up 2.36% compared to the 2017 peak of 151.8712, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NOK 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 149.9525, compared to 142.7443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.2083 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 9.4089 IQD (High: 154.6108 / Low: 145.2019). On the other end, July was the most stable month, with a tight range of 3.4512 IQD (High: 148.3308 / Low: 144.8796).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 4.5732 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 151.3600) against the same month in 2017 (average: 141.8355), the exchange rate shifted by +9.5246 (+6.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 154.6108 | 145.2019 | 150.3310 |
| February | 155.4628 | 148.3423 | 151.3600 |
| March | 154.5528 | 150.9116 | 152.8162 |
| April | 153.3713 | 148.5372 | 151.5969 |
| May | 149.0048 | 143.5737 | 147.0237 |
| June | 148.5973 | 145.0665 | 146.5874 |
| July | 148.3308 | 144.8796 | 146.4534 |
| August | 145.8518 | 140.4945 | 142.8151 |
| September | 147.1099 | 141.3037 | 144.4358 |
| October | 146.3558 | 141.5455 | 144.2316 |
| November | 142.7476 | 138.5382 | 140.5207 |
| December | 140.1490 | 135.7826 | 138.0089 |