2018 PHP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |