2018 AZN to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AZN to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AZN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 210.8692. Conversely, the yearly low was recorded on October 8, dropping to 122.1733.
This high-to-low spread represents a total annual volatility of 88.6960 MRO. From a start-to-finish perspective, comparing the January average rate of 209.6855 to the December average rate of 209.6916, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 210.8692 was down 3.21% compared to the 2017 peak of 217.8557, 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 2018.
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 209.4470, compared to 208.6355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8115 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 87.8120 MRO (High: 209.9853 / Low: 122.1733). On the other end, December was the most stable month, with a tight range of 0.0000 MRO (High: 209.6916 / Low: 209.6916).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 5.7537 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 210.3890) against the same month in 2017 (average: 196.8010), the exchange rate shifted by +13.5880 (+6.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 210.4173 | 208.2353 | 209.6855 |
| February | 210.8692 | 208.8235 | 210.3890 |
| March | 210.8692 | 208.5169 | 209.7688 |
| April | 209.8666 | 207.1896 | 208.8607 |
| May | 209.3979 | 208.8106 | 208.9612 |
| June | 209.6955 | 208.8106 | 209.0168 |
| July | 209.5015 | 208.8106 | 209.1399 |
| August | 209.9853 | 208.8106 | 209.4643 |
| September | 209.9853 | 209.3979 | 209.7895 |
| October | 209.9853 | 122.1733 | 204.0358 |
| November | 209.6916 | 209.6916 | 209.6916 |
| December | 209.6916 | 209.6916 | 209.6916 |