2018 SCR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SCR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SCR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 89.5227. Conversely, the yearly low was recorded on September 27, dropping to 82.9820.
This high-to-low spread represents a total annual volatility of 6.5407 IQD. From a start-to-finish perspective, comparing the January average rate of 85.4258 to the December average rate of 87.1335, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 89.5227 was down 1.47% compared to the 2017 peak of 90.8588, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SCR 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 87.3602, compared to 87.4314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0713 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 4.8258 IQD (High: 87.8078 / Low: 82.9820). On the other end, August was the most stable month, with a tight range of 0.3379 IQD (High: 87.8103 / Low: 87.4724).
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 August and September, when the average rate fell by 0.3114 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 87.1154) against the same month in 2017 (average: 87.8508), the exchange rate shifted by -0.7355 (-0.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.1802 | 84.1369 | 85.4258 |
| February | 89.5227 | 84.8474 | 87.1154 |
| March | 88.5591 | 84.2610 | 87.0183 |
| April | 88.6102 | 86.2932 | 88.2681 |
| May | 88.7762 | 84.7901 | 88.2410 |
| June | 89.0790 | 87.6365 | 88.0923 |
| July | 88.1662 | 87.5766 | 87.9111 |
| August | 87.8103 | 87.4724 | 87.6667 |
| September | 87.8078 | 82.9820 | 87.3552 |
| October | 87.6376 | 85.8405 | 87.2836 |
| November | 87.4442 | 86.6042 | 87.2384 |
| December | 87.8867 | 85.4356 | 87.1335 |