2018 NIO to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NIO to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 11.5425. Conversely, the yearly low was recorded on October 8, dropping to 6.4786.
This high-to-low spread represents a total annual volatility of 5.0639 MRO. From a start-to-finish perspective, comparing the January average rate of 11.4624 to the December average rate of 11.0058, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 11.5425 was down 6.80% compared to the 2017 peak of 12.3849, 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 2018.
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 11.3815, compared to 11.0700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3115 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 4.6608 MRO (High: 11.1394 / Low: 6.4786). On the other end, June was the most stable month, with a tight range of 0.0748 MRO (High: 11.3016 / Low: 11.2267).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3496 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 11.4624) against the same month in 2017 (average: 12.1968), the exchange rate shifted by -0.7344 (-6.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5425 | 11.3885 | 11.4624 |
| February | 11.4469 | 11.3600 | 11.4080 |
| March | 11.4525 | 11.3636 | 11.4148 |
| April | 11.4683 | 11.3193 | 11.3939 |
| May | 11.3947 | 11.2684 | 11.3437 |
| June | 11.3016 | 11.2267 | 11.2661 |
| July | 11.3076 | 11.1654 | 11.2269 |
| August | 11.2275 | 11.1320 | 11.1859 |
| September | 11.1899 | 11.0767 | 11.1472 |
| October | 11.1394 | 6.4786 | 10.7977 |
| November | 11.1276 | 11.0218 | 11.0563 |
| December | 11.0355 | 10.9476 | 11.0058 |