YEARLY HIGH
879.0599 IQD
YEARLY LOW
765.9837 IQD
YEARLY AVERAGE
823.9633 IQD

2018 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 879.0599. Conversely, the yearly low was recorded on October 7, dropping to 765.9837.

This high-to-low spread represents a total annual volatility of 113.0762 IQD. From a start-to-finish perspective, comparing the January average rate of 862.0446 to the December average rate of 810.8104, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 879.0599 was up 0.15% compared to the 2017 peak of 877.7674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,395,300 IQD
2017 Average 4,169,337 IQD
Yearly Trough Low 3,829,919 IQD
Transaction Impact: A difference of 565,380.95 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

875.0985
768.2813
JanuMarcMayJulySeptNove

NZD 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 850.5515, compared to 797.3751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.1763 points.

H1 Avg (Jan–Jun) 850.5515
H2 Avg (Jul–Dec) 797.3751

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 40.5898 IQD (High: 878.0832 / Low: 837.4934). On the other end, July was the most stable month, with a tight range of 17.6107 IQD (High: 816.4199 / Low: 798.8092).

April Spread (Volatile) ±40.5898
July Spread (Stable) ±17.6107

Growth Streaks & Declines

Trends

Between October and December, 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 33.3100 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -33.3100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 866.1971) against the same month in 2017 (average: 852.8925), the exchange rate shifted by +13.3046 (+1.56%).

2018 Avg (February) 866.1971
2017 Avg (February) 852.8925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 875.8361 843.3936 862.0446
February 879.0599 852.5880 866.1971
March 871.1851 850.0044 860.9344
April 878.0832 837.4934 860.8829
May 837.4574 817.1511 827.5729
June 839.1347 803.8284 825.6769
July 816.4199 798.8092 808.6627
August 809.8790 781.6723 793.9785
September 797.1205 776.8828 786.7113
October 786.9561 765.9837 777.1827
November 818.7277 792.6886 806.9052
December 828.6257 797.3279 810.8104