YEARLY HIGH
0.0045 NZD
YEARLY LOW
0.0040 NZD
YEARLY AVERAGE
0.0043 NZD

2019 MRO to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0045. Conversely, the yearly low was recorded on March 20, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0004 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0042, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0045 was down 39.92% compared to the 2018 peak of 0.0075, 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 22 NZD
2018 Average 20 NZD
Yearly Trough Low 20 NZD
Transaction Impact: A difference of 2.19 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0045
0.0041
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 0.0042, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0002 NZD (High: 0.0044 / Low: 0.0042). On the other end, November was the most stable month, with a tight range of 0.0001 NZD (High: 0.0044 / Low: 0.0044).

December Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0044) against the same month in 2018 (average: 0.0045), the exchange rate shifted by -0.0001 (-1.71%).

2019 Avg (October) 0.0044
2018 Avg (October) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0041 0.0041
February 0.0042 0.0041 0.0041
March 0.0041 0.0040 0.0041
April 0.0042 0.0041 0.0042
May 0.0043 0.0042 0.0043
June 0.0043 0.0042 0.0042
July 0.0043 0.0041 0.0042
August 0.0044 0.0043 0.0044
September 0.0045 0.0044 0.0044
October 0.0045 0.0044 0.0044
November 0.0044 0.0044 0.0044
December 0.0044 0.0042 0.0042