2018 MRO to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MRO to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MRO to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 41.0226. Conversely, the yearly low was recorded on January 13, dropping to 23.2485.
This high-to-low spread represents a total annual volatility of 17.7740 LAK. From a start-to-finish perspective, comparing the January average rate of 23.4204 to the December average rate of 23.9408, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 41.0226 was up 73.96% compared to the 2017 peak of 23.5817, 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 2018.
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 23.4240, compared to 24.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6069 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 17.2399 LAK (High: 41.0226 / Low: 23.7826). On the other end, February was the most stable month, with a tight range of 0.0869 LAK (High: 23.3831 / Low: 23.2962).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0645 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 24.9915) against the same month in 2017 (average: 23.0202), the exchange rate shifted by +1.9712 (+8.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.5354 | 23.2485 | 23.4204 |
| February | 23.3831 | 23.2962 | 23.3499 |
| March | 23.3899 | 23.2607 | 23.3419 |
| April | 23.5491 | 23.2513 | 23.3727 |
| May | 23.5724 | 23.3854 | 23.4589 |
| June | 23.7305 | 23.4501 | 23.6002 |
| July | 23.7426 | 23.5109 | 23.6659 |
| August | 23.9040 | 23.7113 | 23.8075 |
| September | 23.9314 | 23.7902 | 23.8528 |
| October | 41.0226 | 23.7826 | 24.9915 |
| November | 23.9524 | 23.7371 | 23.9270 |
| December | 24.0437 | 23.8095 | 23.9408 |