2017 MRO to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MRO to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MRO to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 23.5817. Conversely, the yearly low was recorded on July 26, dropping to 22.0694.
This high-to-low spread represents a total annual volatility of 1.5123 LAK. From a start-to-finish perspective, comparing the January average rate of 22.6369 to the December average rate of 23.4197, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 23.5817 was down 10.87% compared to the 2016 peak of 26.4567, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MRO to LAK 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 22.6496, compared to 23.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.8582 LAK (High: 22.9276 / Low: 22.0694). On the other end, September was the most stable month, with a tight range of 0.1608 LAK (High: 22.7987 / Low: 22.6380).
Growth Streaks & Declines
TrendsBetween April and June, 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 August and September, when the average rate fell by 0.0514 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 23.4386) against the same month in 2016 (average: 22.8240), the exchange rate shifted by +0.6147 (+2.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.9730 | 22.3240 | 22.6369 |
| February | 22.8759 | 22.2563 | 22.6477 |
| March | 22.9554 | 22.2270 | 22.6152 |
| April | 22.8461 | 22.2008 | 22.6025 |
| May | 22.9161 | 22.1967 | 22.6108 |
| June | 23.0382 | 22.3158 | 22.7845 |
| July | 22.9276 | 22.0694 | 22.7660 |
| August | 22.9110 | 22.6817 | 22.7719 |
| September | 22.7987 | 22.6380 | 22.7205 |
| October | 23.4448 | 22.6897 | 23.0202 |
| November | 23.5817 | 23.3642 | 23.4386 |
| December | 23.5019 | 23.2527 | 23.4197 |