The document describes the development of four forecasting models for monthly precipitation data in Sulaimania governorate, Iraq. Three models are single-variable autoregressive models for the first, second, and third highest daily precipitation values each month. The fourth model is a multi-variable model that incorporates all three precipitation series simultaneously. The models were developed using data from 1992-2006 and verified against data from 2007-2013. Results showed that the single-variable models better preserved statistical properties, though both types of models performed well. The multi-variable model had higher errors, likely due to the high randomness of extreme precipitation values.