2020 NIO to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NIO to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 10.6492. Conversely, the yearly low was recorded on November 10, dropping to 10.1076.
This high-to-low spread represents a total annual volatility of 0.5417 MRO. From a start-to-finish perspective, comparing the January average rate of 10.5168 to the December average rate of 10.2408, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.6492 was down 3.44% compared to the 2019 peak of 11.0286, 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 2020.
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 10.4913, compared to 10.2682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2231 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 0.2878 MRO (High: 10.6206 / Low: 10.3329). On the other end, December was the most stable month, with a tight range of 0.0300 MRO (High: 10.2586 / Low: 10.2286).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 10.5117) against the same month in 2019 (average: 10.8779), the exchange rate shifted by -0.3662 (-3.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.6080 | 10.4310 | 10.5168 |
| February | 10.5840 | 10.4355 | 10.5021 |
| March | 10.6492 | 10.4234 | 10.5117 |
| April | 10.6206 | 10.3329 | 10.4695 |
| May | 10.5876 | 10.3329 | 10.4997 |
| June | 10.5399 | 10.3193 | 10.4479 |
| July | 10.4881 | 10.2708 | 10.3224 |
| August | 10.3628 | 10.2345 | 10.2691 |
| September | 10.3224 | 10.2254 | 10.2700 |
| October | 10.3030 | 10.2418 | 10.2714 |
| November | 10.2823 | 10.1076 | 10.2354 |
| December | 10.2586 | 10.2286 | 10.2408 |