2016 AFN to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AFN to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AFN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 5.4725. Conversely, the yearly low was recorded on January 6, dropping to 4.5040.
This high-to-low spread represents a total annual volatility of 0.9685 MRO. From a start-to-finish perspective, comparing the January average rate of 4.8787 to the December average rate of 5.3898, the exchange rate registered a net change of 10.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.4725 was down 0.29% compared to the 2015 peak of 5.4887, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AFN to MRO 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 5.0309, compared to 5.3302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2992 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 0.5193 MRO (High: 5.0233 / Low: 4.5040). On the other end, July was the most stable month, with a tight range of 0.0563 MRO (High: 5.1952 / Low: 5.1389).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0224 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 5.3898) against the same month in 2015 (average: 4.5128), the exchange rate shifted by +0.8770 (+19.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0233 | 4.5040 | 4.8787 |
| February | 5.0251 | 4.7790 | 4.9644 |
| March | 5.0697 | 4.9927 | 5.0190 |
| April | 5.0869 | 4.9842 | 5.0498 |
| May | 5.1846 | 5.0143 | 5.1250 |
| June | 5.2032 | 5.1102 | 5.1486 |
| July | 5.1952 | 5.1389 | 5.1683 |
| August | 5.4217 | 5.1540 | 5.2821 |
| September | 5.4233 | 5.2493 | 5.3375 |
| October | 5.4425 | 5.3848 | 5.4128 |
| November | 5.4503 | 5.3445 | 5.3904 |
| December | 5.4725 | 5.3499 | 5.3898 |