YEARLY HIGH
45.7790 MRO
YEARLY LOW
26.5446 MRO
YEARLY AVERAGE
45.3397 MRO

2018 HKD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 45.7790. Conversely, the yearly low was recorded on October 7, dropping to 26.5446.

This high-to-low spread represents a total annual volatility of 19.2345 MRO. From a start-to-finish perspective, comparing the January average rate of 45.3856 to the December average rate of 45.6414, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.7790 was down 2.61% compared to the 2017 peak of 47.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,144,476 MRO
2017 Average 1,154,647 MRO
Yearly Trough Low 663,614 MRO
Transaction Impact: A difference of 480,862.14 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.7738
44.1856
JanuMarcMayJulySeptNove

HKD to MRO Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 45.3575, compared to 45.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 45.3575
H2 Avg (Jul–Dec) 45.3219

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 19.0849 MRO (High: 45.6295 / Low: 26.5446). On the other end, November was the most stable month, with a tight range of 0.1030 MRO (High: 45.6577 / Low: 45.5547).

October Spread (Volatile) ±19.0849
November Spread (Stable) ±0.1030

Growth Streaks & Declines

Trends

Between 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 1.2530 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.2530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 45.5710) against the same month in 2017 (average: 46.7552), the exchange rate shifted by -1.1842 (-2.53%).

2018 Avg (September) 45.5710
2017 Avg (September) 46.7552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.4804 45.1747 45.3856
February 45.5060 45.3636 45.4373
March 45.4815 45.2429 45.3590
April 45.4857 44.9441 45.2979
May 45.4155 45.2854 45.3267
June 45.4143 45.2904 45.3386
July 45.4628 45.2892 45.3692
August 45.5440 45.2881 45.4300
September 45.7790 45.4745 45.5710
October 45.6295 26.5446 44.3180
November 45.6577 45.5547 45.6019
December 45.7422 45.5633 45.6414