2018 NZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |