2019 BND to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BND to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BND to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 265.0261. Conversely, the yearly low was recorded on January 6, dropping to 226.5076.
This high-to-low spread represents a total annual volatility of 38.5185 MRO. From a start-to-finish perspective, comparing the January average rate of 227.7602 to the December average rate of 263.1719, the exchange rate registered a net change of 15.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 265.0261 was down 2.68% compared to the 2018 peak of 272.3128, 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 2019.
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 257.4756, compared to 263.0956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6200 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 37.9666 MRO (High: 264.4742 / Low: 226.5076). On the other end, March was the most stable month, with a tight range of 1.5627 MRO (High: 264.6434 / Low: 263.0807).
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 September and October, when the average rate fell by 3.3762 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 263.1719) against the same month in 2018 (average: 227.5745), the exchange rate shifted by +35.5974 (+15.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 264.4742 | 226.5076 | 227.7602 |
| February | 264.4419 | 226.5286 | 260.2253 |
| March | 264.6434 | 263.0807 | 264.2807 |
| April | 264.3659 | 262.5577 | 264.2399 |
| May | 264.3642 | 259.8412 | 264.1793 |
| June | 264.3845 | 259.9879 | 264.1684 |
| July | 264.7796 | 262.6276 | 264.2536 |
| August | 264.3583 | 261.6456 | 264.2329 |
| September | 264.3761 | 258.4299 | 264.0118 |
| October | 264.3209 | 258.5020 | 260.6356 |
| November | 263.1410 | 261.2225 | 262.2679 |
| December | 265.0261 | 260.7650 | 263.1719 |