2016 NIO to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NIO to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 12.5077. Conversely, the yearly low was recorded on January 6, dropping to 11.0762.
This high-to-low spread represents a total annual volatility of 1.4316 MRO. From a start-to-finish perspective, comparing the January average rate of 12.0297 to the December average rate of 12.2237, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 12.5077 was up 0.93% compared to the 2015 peak of 12.3924, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NIO 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 12.2449, compared to 12.3022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0573 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 1.3728 MRO (High: 12.4489 / Low: 11.0762). On the other end, September was the most stable month, with a tight range of 0.0701 MRO (High: 12.3245 / Low: 12.2543).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 0.0886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 12.4618) against the same month in 2015 (average: 11.8924), the exchange rate shifted by +0.5694 (+4.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.4489 | 11.0762 | 12.0297 |
| February | 12.4124 | 11.7299 | 12.1940 |
| March | 12.2837 | 12.0855 | 12.1696 |
| April | 12.4089 | 12.1194 | 12.2629 |
| May | 12.4891 | 12.0509 | 12.3512 |
| June | 12.5077 | 12.4212 | 12.4618 |
| July | 12.4954 | 12.3243 | 12.4176 |
| August | 12.4143 | 12.2819 | 12.3290 |
| September | 12.3245 | 12.2543 | 12.2892 |
| October | 12.3206 | 12.2414 | 12.2785 |
| November | 12.3663 | 12.2258 | 12.2750 |
| December | 12.3336 | 12.1735 | 12.2237 |