2018 TOP to IQD Historical Review

YEARLY HIGH

540.5369 IQD

YEARLY LOW

509.4902 IQD

YEARLY AVERAGE

523.7611 IQD

2018 TOP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 540.5369. Conversely, the yearly low was recorded on July 22, dropping to 509.4902.

This high-to-low spread represents a total annual volatility of 31.0467 IQD. From a start-to-finish perspective, comparing the January average rate of 528.8856 to the December average rate of 523.2432, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 540.5369 was up 0.12% compared to the 2017 peak of 539.8745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,702,684 IQD

2017 Average 2,589,494 IQD

Yearly Trough Low 2,547,451 IQD

Transaction Impact: A difference of 155,233.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

537.7101

512.3354

JanuMarcMayJulySeptNove

TOP 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 529.9599, compared to 517.5623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3976 points.

H1 Avg (Jan–Jun) 529.9599

H2 Avg (Jul–Dec) 517.5623

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 19.2460 IQD (High: 537.1617 / Low: 517.9157). On the other end, September was the most stable month, with a tight range of 1.9949 IQD (High: 517.0264 / Low: 515.0316).

May Spread (Volatile) ±19.2460

September Spread (Stable) ±1.9949

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 9.1418 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -9.1418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 535.5955) against the same month in 2017 (average: 522.8908), the exchange rate shifted by +12.7047 (+2.43%).

2018 Avg (February) 535.5955

2017 Avg (February) 522.8908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	536.8079	524.3268	528.8856
February	540.5369	530.4588	535.5955
March	537.3743	530.6485	533.9210
April	538.4961	527.9722	534.8239
May	537.1617	517.9157	525.6822
June	524.8260	515.6025	520.8513
July	516.7300	509.4902	514.4499
August	516.7397	514.4911	515.6637
September	517.0264	515.0316	516.0775
October	518.3960	515.4534	516.8117
November	520.6614	516.6861	519.1279
December	529.3388	519.1841	523.2432