2018 BND to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BND to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BND to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 272.3128. Conversely, the yearly low was recorded on October 8, dropping to 147.4908.
This high-to-low spread represents a total annual volatility of 124.8219 MRO. From a start-to-finish perspective, comparing the January average rate of 268.5178 to the December average rate of 227.5745, the exchange rate registered a net change of -15.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 272.3128 was down 0.32% compared to the 2017 peak of 273.1738, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BND 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 265.0100, compared to 241.8128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.1972 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 111.7325 MRO (High: 259.2233 / Low: 147.4908). On the other end, March was the most stable month, with a tight range of 3.5777 MRO (High: 271.8200 / Low: 268.2424).
Growth Streaks & Declines
TrendsBetween January and March, 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 November and December, when the average rate fell by 18.8471 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 268.5178) against the same month in 2017 (average: 250.9013), the exchange rate shifted by +17.6165 (+7.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 272.3128 | 264.9637 | 268.5178 |
| February | 271.2270 | 266.9821 | 269.2531 |
| March | 271.8200 | 268.2424 | 270.3818 |
| April | 272.1164 | 266.7683 | 270.0100 |
| May | 268.8497 | 243.9647 | 263.3507 |
| June | 269.0532 | 235.3000 | 248.5466 |
| July | 265.3912 | 235.2577 | 251.5452 |
| August | 261.7143 | 235.2762 | 236.8638 |
| September | 262.3199 | 236.2700 | 241.8810 |
| October | 259.2233 | 147.4908 | 246.5910 |
| November | 261.4398 | 226.5106 | 246.4216 |
| December | 259.0796 | 226.4965 | 227.5745 |