2016 NZD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 265.3363. Conversely, the yearly low was recorded on January 6, dropping to 204.9102.
This high-to-low spread represents a total annual volatility of 60.4260 MRO. From a start-to-finish perspective, comparing the January average rate of 218.9069 to the December average rate of 251.5914, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 265.3363 was up 9.67% compared to the 2015 peak of 241.9351, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD 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 234.2471, compared to 255.4104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.1633 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 19.1210 MRO (High: 224.0312 / Low: 204.9102). On the other end, August was the most stable month, with a tight range of 6.4905 MRO (High: 260.1039 / Low: 253.6134).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.6415 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 259.9291) against the same month in 2015 (average: 197.2102), the exchange rate shifted by +62.7189 (+31.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 224.0312 | 204.9102 | 218.9069 |
| February | 230.4883 | 218.2249 | 226.8577 |
| March | 237.4171 | 227.6499 | 231.9238 |
| April | 243.8569 | 233.3667 | 238.1165 |
| May | 241.2709 | 234.3445 | 239.0060 |
| June | 258.5119 | 241.5525 | 250.6715 |
| July | 259.4197 | 246.9972 | 253.4781 |
| August | 260.1039 | 253.6134 | 256.7737 |
| September | 265.3363 | 257.4169 | 259.9291 |
| October | 259.3648 | 251.2576 | 255.2876 |
| November | 263.6423 | 250.5149 | 255.4026 |
| December | 257.5526 | 246.7365 | 251.5914 |