2016 NAD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NAD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NAD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 26.8417. Conversely, the yearly low was recorded on January 6, dropping to 19.5619.
This high-to-low spread represents a total annual volatility of 7.2797 MRO. From a start-to-finish perspective, comparing the January average rate of 20.5607 to the December average rate of 25.8235, the exchange rate registered a net change of 25.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 26.8417 was down 0.25% compared to the 2015 peak of 26.9099, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NAD to MRO 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 22.4743, compared to 25.4673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9929 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 2.2565 MRO (High: 26.6228 / Low: 24.3663). On the other end, December was the most stable month, with a tight range of 1.0300 MRO (High: 26.4249 / Low: 25.3949).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6665 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 25.5780) against the same month in 2015 (average: 22.7578), the exchange rate shifted by +2.8202 (+12.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.6256 | 19.5619 | 20.5607 |
| February | 22.3645 | 20.7389 | 21.6482 |
| March | 23.1716 | 21.7810 | 22.3719 |
| April | 24.4176 | 22.6977 | 23.6620 |
| May | 24.2016 | 22.5211 | 22.9955 |
| June | 24.7796 | 22.6974 | 23.6076 |
| July | 25.4091 | 24.0139 | 24.6671 |
| August | 26.6228 | 24.3663 | 25.8410 |
| September | 26.2947 | 24.3252 | 25.3026 |
| October | 26.2724 | 24.9642 | 25.5915 |
| November | 26.8417 | 24.7607 | 25.5780 |
| December | 26.4249 | 25.3949 | 25.8235 |