YEARLY HIGH
0.0333 CNY
YEARLY LOW
0.0176 CNY
YEARLY AVERAGE
0.0186 CNY

2018 MRO to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0333. Conversely, the yearly low was recorded on April 18, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0157 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0181 to the December average rate of 0.0193, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0333 was up 71.33% compared to the 2017 peak of 0.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MRO based on timing:

Yearly Peak High 167 CNY
2017 Average 94 CNY
Yearly Trough Low 88 CNY
Transaction Impact: A difference of 78.59 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0205
0.0175
JanuMarcMayJulySeptNove

MRO to CNY 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 0.0179, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0141 CNY (High: 0.0333 / Low: 0.0192). On the other end, September was the most stable month, with a tight range of 0.0002 CNY (High: 0.0193 / Low: 0.0191).

October Spread (Volatile) ±0.0141
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0203) against the same month in 2017 (average: 0.0184), the exchange rate shifted by +0.0019 (+10.43%).

2018 Avg (October) 0.0203
2017 Avg (October) 0.0184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0185 0.0177 0.0181
February 0.0179 0.0176 0.0178
March 0.0179 0.0177 0.0178
April 0.0179 0.0176 0.0177
May 0.0181 0.0178 0.0179
June 0.0186 0.0180 0.0182
July 0.0192 0.0186 0.0189
August 0.0194 0.0191 0.0192
September 0.0193 0.0191 0.0192
October 0.0333 0.0192 0.0203
November 0.0195 0.0193 0.0194
December 0.0195 0.0192 0.0193