2017 NIO to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NIO to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 12.3849. Conversely, the yearly low was recorded on November 22, dropping to 11.4605.
This high-to-low spread represents a total annual volatility of 0.9245 MRO. From a start-to-finish perspective, comparing the January average rate of 12.1968 to the December average rate of 11.5262, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 12.3849 was down 0.98% compared to the 2016 peak of 12.5077, 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 2017.
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 12.1474, compared to 11.8623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2850 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.5399 MRO (High: 12.0776 / Low: 11.5377). On the other end, December was the most stable month, with a tight range of 0.0516 MRO (High: 11.5451 / Low: 11.4936).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2938 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 12.1968) against the same month in 2016 (average: 12.0297), the exchange rate shifted by +0.1671 (+1.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.3849 | 12.1555 | 12.1968 |
| February | 12.2485 | 12.0931 | 12.1652 |
| March | 12.2142 | 12.0212 | 12.1511 |
| April | 12.1836 | 12.0575 | 12.1600 |
| May | 12.1751 | 12.0328 | 12.1080 |
| June | 12.1930 | 11.9933 | 12.1031 |
| July | 12.1236 | 11.9687 | 12.0617 |
| August | 12.2475 | 12.0715 | 12.1527 |
| September | 12.2500 | 11.9290 | 12.0519 |
| October | 12.0776 | 11.5377 | 11.8377 |
| November | 11.6067 | 11.4605 | 11.5439 |
| December | 11.5451 | 11.4936 | 11.5262 |