2019 NIO to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NIO to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 11.0286. Conversely, the yearly low was recorded on December 28, dropping to 10.4600.
This high-to-low spread represents a total annual volatility of 0.5686 MRO. From a start-to-finish perspective, comparing the January average rate of 10.9792 to the December average rate of 10.5386, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 11.0286 was down 4.45% compared to the 2018 peak of 11.5425, 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 2019.
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 10.8653, compared to 10.6198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2455 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.2248 MRO (High: 10.8277 / Low: 10.6029). On the other end, April was the most stable month, with a tight range of 0.0720 MRO (High: 10.8771 / Low: 10.8051).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0742 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 10.9792) against the same month in 2018 (average: 11.4624), the exchange rate shifted by -0.4833 (-4.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.0286 | 10.9511 | 10.9792 |
| February | 10.9576 | 10.8596 | 10.9092 |
| March | 10.9174 | 10.8339 | 10.8779 |
| April | 10.8771 | 10.8051 | 10.8458 |
| May | 10.8569 | 10.7207 | 10.8110 |
| June | 10.8594 | 10.6726 | 10.7690 |
| July | 10.8333 | 10.6345 | 10.7255 |
| August | 10.8277 | 10.6029 | 10.6513 |
| September | 10.7202 | 10.6166 | 10.6403 |
| October | 10.6589 | 10.5296 | 10.6079 |
| November | 10.6035 | 10.4862 | 10.5553 |
| December | 10.5933 | 10.4600 | 10.5386 |