2018 ZAR to IQD Historical Review

YEARLY HIGH

103.3550 IQD

YEARLY LOW

77.3990 IQD

YEARLY AVERAGE

90.4705 IQD

2018 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 103.3550. Conversely, the yearly low was recorded on September 5, dropping to 77.3990.

This high-to-low spread represents a total annual volatility of 25.9560 IQD. From a start-to-finish perspective, comparing the January average rate of 97.5088 to the December average rate of 83.4044, the exchange rate registered a net change of -14.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 103.3550 was up 6.42% compared to the 2017 peak of 97.1172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 5,167,748 IQD

2017 Average 4,412,123 IQD

Yearly Trough Low 3,869,950 IQD

Transaction Impact: A difference of 1,297,798.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

102.2893

79.0370

JanuMarcMayJulySeptNove

ZAR 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 96.8240, compared to 84.1169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7071 points.

H1 Avg (Jan–Jun) 96.8240

H2 Avg (Jul–Dec) 84.1169

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 9.0898 IQD (High: 94.9387 / Low: 85.8489). On the other end, March was the most stable month, with a tight range of 2.9003 IQD (High: 101.7103 / Low: 98.8100).

June Spread (Volatile) ±9.0898

March Spread (Stable) ±2.9003

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 5.4208 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.4208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 100.3516) against the same month in 2017 (average: 89.6779), the exchange rate shifted by +10.6737 (+11.90%).

2018 Avg (February) 100.3516

2017 Avg (February) 89.6779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.1891	95.5960	97.5088
February	103.3550	97.3548	100.3516
March	101.7103	98.8100	100.2321
April	100.7033	95.6203	98.2856
May	97.1103	93.3171	94.9935
June	94.9387	85.8489	89.5727
July	90.9877	86.0282	88.9725
August	90.1570	81.1664	84.8792
September	84.4481	77.3990	80.9747
October	84.0569	80.2884	81.9231
November	87.1365	82.4457	84.5477
December	87.3058	81.3631	83.4044