YEARLY HIGH
599.4593 IQD
YEARLY LOW
591.5000 IQD
YEARLY AVERAGE
594.9868 IQD

2018 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 599.4593. Conversely, the yearly low was recorded on March 10, dropping to 591.5000.

This high-to-low spread represents a total annual volatility of 7.9593 IQD. From a start-to-finish perspective, comparing the January average rate of 594.1914 to the December average rate of 595.7445, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 599.4593 was up 0.11% compared to the 2017 peak of 598.8228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 2,997,296 IQD
2017 Average 2,932,514 IQD
Yearly Trough Low 2,957,500 IQD
Transaction Impact: A difference of 39,796.44 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

596.5349
592.6162
JanuMarcMayJulySeptNove

BBD 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 594.2742, compared to 595.6994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4251 points.

H1 Avg (Jan–Jun) 594.2742
H2 Avg (Jul–Dec) 595.6994

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 7.3978 IQD (High: 598.8978 / Low: 591.5000). On the other end, September was the most stable month, with a tight range of 2.3046 IQD (High: 597.3046 / Low: 595.0000).

January Spread (Volatile) ±7.3978
September Spread (Stable) ±2.3046

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2487 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 595.7445) against the same month in 2017 (average: 595.1567), the exchange rate shifted by +0.5878 (+0.10%).

2018 Avg (December) 595.7445
2017 Avg (December) 595.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 598.8978 591.5000 594.1914
February 596.6000 591.5000 592.9427
March 598.1353 591.5000 593.5476
April 596.2250 593.5000 594.6563
May 596.8433 593.7500 595.2258
June 598.8353 593.7500 595.0816
July 596.9053 592.5213 595.4301
August 596.9733 594.3756 595.7302
September 597.3046 595.0000 596.2083
October 596.8832 593.8559 595.6195
November 596.5994 591.8748 595.4634
December 599.4593 595.0000 595.7445