YEARLY HIGH
23.9311 IQD
YEARLY LOW
21.9216 IQD
YEARLY AVERAGE
22.6036 IQD

2018 PHP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 23.9311. Conversely, the yearly low was recorded on October 3, dropping to 21.9216.

This high-to-low spread represents a total annual volatility of 2.0095 IQD. From a start-to-finish perspective, comparing the January average rate of 23.5253 to the December average rate of 22.5693, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 23.9311 was down 0.37% compared to the 2017 peak of 24.0197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 5,982,783 IQD
2017 Average 5,821,316 IQD
Yearly Trough Low 5,480,396 IQD
Transaction Impact: A difference of 502,386.78 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

23.6687
21.9485
JanuMarcMayJulySeptNove

PHP 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 22.8711, compared to 22.3361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5350 points.

H1 Avg (Jan–Jun) 22.8711
H2 Avg (Jul–Dec) 22.3361

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.8725 IQD (High: 23.9311 / Low: 23.0586). On the other end, July was the most stable month, with a tight range of 0.2356 IQD (High: 22.4685 / Low: 22.2329).

January Spread (Volatile) ±0.8725
July Spread (Stable) ±0.2356

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6652 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 23.5253) against the same month in 2017 (average: 23.7360), the exchange rate shifted by -0.2106 (-0.89%).

2018 Avg (January) 23.5253
2017 Avg (January) 23.7360

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.9311 23.0586 23.5253
February 23.1806 22.6249 22.8602
March 22.9195 22.5803 22.7802
April 23.0455 22.6798 22.8590
May 23.0699 22.5624 22.7821
June 22.8216 22.1978 22.4201
July 22.4685 22.2329 22.3157
August 22.5388 22.2274 22.3704
September 22.3275 21.9834 22.0989
October 22.3467 21.9216 22.0918
November 22.8285 22.3575 22.5706
December 22.9215 22.3619 22.5693