2016 FKP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 533.8376. Conversely, the yearly low was recorded on October 30, dropping to 434.0423.
This high-to-low spread represents a total annual volatility of 99.7952 MRO. From a start-to-finish perspective, comparing the January average rate of 481.8405 to the December average rate of 446.8127, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 533.8376 was up 3.72% compared to the 2015 peak of 514.6715, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 495.2406, compared to 455.3760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.8646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 63.1668 MRO (High: 533.8376 / Low: 470.6708). On the other end, November was the most stable month, with a tight range of 15.4535 MRO (High: 451.6611 / Low: 436.2075).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 38.4793 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 505.4118) against the same month in 2015 (average: 499.2926), the exchange rate shifted by +6.1193 (+1.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 495.7768 | 451.6528 | 481.8405 |
| February | 500.4739 | 474.5687 | 489.1905 |
| March | 498.1760 | 479.4843 | 490.2659 |
| April | 507.2642 | 486.0794 | 494.3906 |
| May | 522.6141 | 497.6129 | 510.3443 |
| June | 533.8376 | 470.6708 | 505.4118 |
| July | 473.6774 | 457.6191 | 466.9325 |
| August | 474.1020 | 457.6943 | 465.2005 |
| September | 476.4694 | 460.9741 | 467.8328 |
| October | 461.9188 | 434.0423 | 440.3044 |
| November | 451.6611 | 436.2075 | 445.1728 |
| December | 455.0747 | 438.3703 | 446.8127 |