2018 TRY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TRY to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 318.2501. Conversely, the yearly low was recorded on August 13, dropping to 171.1872.
This high-to-low spread represents a total annual volatility of 147.0629 IQD. From a start-to-finish perspective, comparing the January average rate of 315.1261 to the December average rate of 224.3742, the exchange rate registered a net change of -28.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 318.2501 was down 7.78% compared to the 2017 peak of 345.0880, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
TRY 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 292.0882, compared to 215.4645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 76.6236 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 68.0220 IQD (High: 239.2092 / Low: 171.1872). On the other end, January was the most stable month, with a tight range of 7.0468 IQD (High: 318.2501 / Low: 311.2033).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 47.3060 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 315.1261) against the same month in 2017 (average: 315.7355), the exchange rate shifted by -0.6094 (-0.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 318.2501 | 311.2033 | 315.1261 |
| February | 318.1204 | 309.3682 | 313.2949 |
| March | 313.6363 | 296.5651 | 305.0031 |
| April | 301.4580 | 287.2829 | 292.7763 |
| May | 290.5100 | 250.1597 | 269.1944 |
| June | 265.7716 | 250.3794 | 257.1343 |
| July | 260.0452 | 242.1609 | 249.6867 |
| August | 239.2092 | 171.1872 | 202.3807 |
| September | 198.1857 | 179.2140 | 189.0003 |
| October | 217.6543 | 192.6842 | 205.1310 |
| November | 230.3936 | 215.7932 | 222.2145 |
| December | 230.6720 | 221.0200 | 224.3742 |