2017 AZN to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AZN to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AZN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 217.8557. Conversely, the yearly low was recorded on January 31, dropping to 183.4638.
This high-to-low spread represents a total annual volatility of 34.3919 MRO. From a start-to-finish perspective, comparing the January average rate of 193.5887 to the December average rate of 209.3636, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 217.8557 was down 9.11% compared to the 2016 peak of 239.7004, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AZN 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 206.2185, compared to 212.5788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3603 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 19.5439 MRO (High: 203.9555 / Low: 184.4116). On the other end, November was the most stable month, with a tight range of 2.3486 MRO (High: 209.8905 / Low: 207.5419).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 4.1476 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 215.3509) against the same month in 2016 (average: 216.4758), the exchange rate shifted by -1.1249 (-0.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 199.9151 | 183.4638 | 193.5887 |
| February | 203.9555 | 184.4116 | 196.8010 |
| March | 211.4370 | 199.9607 | 206.9731 |
| April | 216.6276 | 209.0971 | 213.6469 |
| May | 215.1963 | 211.2618 | 213.6129 |
| June | 214.2562 | 210.6618 | 212.6885 |
| July | 215.4071 | 211.3545 | 214.1679 |
| August | 216.8896 | 212.9013 | 214.6467 |
| September | 217.8557 | 214.3049 | 215.3509 |
| October | 217.8557 | 208.4566 | 213.0457 |
| November | 209.8905 | 207.5419 | 208.8981 |
| December | 211.1477 | 208.2777 | 209.3636 |