2018 PKR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PKR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 10.8315. Conversely, the yearly low was recorded on December 31, dropping to 8.5159.
This high-to-low spread represents a total annual volatility of 2.3156 IQD. From a start-to-finish perspective, comparing the January average rate of 10.7388 to the December average rate of 8.5707, the exchange rate registered a net change of -20.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.8315 was down 5.19% compared to the 2017 peak of 11.4239, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PKR 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 10.4368, compared to 9.2556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1812 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.7855 IQD (High: 9.6985 / Low: 8.9130). On the other end, May was the most stable month, with a tight range of 0.0578 IQD (High: 10.3147 / Low: 10.2570).
Growth Streaks & Declines
TrendsBetween July and September, 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 September and October, when the average rate fell by 0.4907 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 10.7388) against the same month in 2017 (average: 11.2834), the exchange rate shifted by -0.5446 (-4.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8315 | 10.6669 | 10.7388 |
| February | 10.7624 | 10.6827 | 10.7157 |
| March | 10.7677 | 10.2401 | 10.5656 |
| April | 10.3132 | 10.2538 | 10.2845 |
| May | 10.3147 | 10.2570 | 10.2900 |
| June | 10.3094 | 9.7616 | 10.0258 |
| July | 9.8216 | 9.2354 | 9.5655 |
| August | 9.7407 | 9.5871 | 9.6652 |
| September | 9.7064 | 9.6105 | 9.6662 |
| October | 9.6985 | 8.9130 | 9.1755 |
| November | 8.9649 | 8.8529 | 8.8904 |
| December | 8.9345 | 8.5159 | 8.5707 |