YEARLY HIGH
0.0041 NZD
YEARLY LOW
0.0037 NZD
YEARLY AVERAGE
0.0039 NZD

2017 MRO to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0041. Conversely, the yearly low was recorded on July 26, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0005 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0040, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0041 was down 15.12% compared to the 2016 peak of 0.0049, 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 21 NZD
2016 Average 20 NZD
Yearly Trough Low 18 NZD
Transaction Impact: A difference of 2.41 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0041
0.0037
JanuMarcMayJulySeptNove

MRO to NZD 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 0.0039, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0003 NZD (High: 0.0041 / Low: 0.0038). On the other end, February was the most stable month, with a tight range of 0.0001 NZD (High: 0.0039 / Low: 0.0038).

October Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0041) against the same month in 2016 (average: 0.0039), the exchange rate shifted by +0.0002 (+4.49%).

2017 Avg (November) 0.0041
2016 Avg (November) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0040 0.0038 0.0039
February 0.0039 0.0038 0.0039
March 0.0040 0.0039 0.0040
April 0.0040 0.0039 0.0040
May 0.0041 0.0039 0.0040
June 0.0039 0.0038 0.0038
July 0.0038 0.0037 0.0038
August 0.0038 0.0037 0.0038
September 0.0038 0.0037 0.0038
October 0.0041 0.0038 0.0039
November 0.0041 0.0040 0.0041
December 0.0041 0.0040 0.0040