2018 FKP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FKP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FKP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 510.5304. Conversely, the yearly low was recorded on October 8, dropping to 272.3290.
This high-to-low spread represents a total annual volatility of 238.2014 MRO. From a start-to-finish perspective, comparing the January average rate of 490.4453 to the December average rate of 452.2729, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 510.5304 was up 2.90% compared to the 2017 peak of 496.1414, 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 2018.
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 489.2722, compared to 459.7853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 29.4869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 200.1107 MRO (High: 472.4397 / Low: 272.3290). On the other end, December was the most stable month, with a tight range of 10.2753 MRO (High: 456.2522 / Low: 445.9768).
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 April and May, when the average rate fell by 20.8478 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 499.8618) against the same month in 2017 (average: 455.2598), the exchange rate shifted by +44.6020 (+9.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 504.8171 | 477.5560 | 490.4453 |
| February | 507.1638 | 489.6661 | 496.4696 |
| March | 505.4460 | 490.3973 | 496.8618 |
| April | 510.5304 | 489.4982 | 499.8618 |
| May | 484.4783 | 471.8500 | 479.0140 |
| June | 477.6081 | 464.8183 | 472.9807 |
| July | 473.9305 | 462.9618 | 469.1252 |
| August | 467.2505 | 453.7723 | 458.9155 |
| September | 473.7450 | 459.0247 | 465.7588 |
| October | 472.4397 | 272.3290 | 452.1022 |
| November | 468.6817 | 454.8982 | 460.5374 |
| December | 456.2522 | 445.9768 | 452.2729 |