2017 MRO to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MRO to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MRO to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 64.4056. Conversely, the yearly low was recorded on September 29, dropping to 61.8952.
This high-to-low spread represents a total annual volatility of 2.5104 VND. From a start-to-finish perspective, comparing the January average rate of 63.0235 to the December average rate of 63.9216, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 64.4056 was down 11.52% compared to the 2016 peak of 72.7925, 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 VND 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 63.1344, compared to 63.0727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0617 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 2.1512 VND (High: 64.1730 / Low: 62.0218). On the other end, December was the most stable month, with a tight range of 0.4842 VND (High: 64.1593 / Low: 63.6752).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.3666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 63.9996) against the same month in 2016 (average: 62.8408), the exchange rate shifted by +1.1589 (+1.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.6501 | 62.4533 | 63.0235 |
| February | 63.8902 | 62.7369 | 63.2703 |
| March | 64.0781 | 63.0774 | 63.4062 |
| April | 63.5354 | 62.7286 | 63.0396 |
| May | 63.4434 | 62.6930 | 63.0628 |
| June | 63.4273 | 62.5893 | 63.0038 |
| July | 63.2998 | 62.3576 | 62.8388 |
| August | 62.8102 | 61.9314 | 62.5159 |
| September | 62.4659 | 61.8952 | 62.2214 |
| October | 64.1730 | 62.0218 | 62.9387 |
| November | 64.4056 | 63.6162 | 63.9996 |
| December | 64.1593 | 63.6752 | 63.9216 |