YEARLY HIGH
273.2512 MRO
YEARLY LOW
241.4113 MRO
YEARLY AVERAGE
255.9110 MRO

2017 NZD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 273.2512. Conversely, the yearly low was recorded on November 30, dropping to 241.4113.

This high-to-low spread represents a total annual volatility of 31.8399 MRO. From a start-to-finish perspective, comparing the January average rate of 255.4083 to the December average rate of 247.5697, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 273.2512 was up 2.98% compared to the 2016 peak of 265.3363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 1,366,256 MRO
2016 Average 1,224,296 MRO
Yearly Trough Low 1,207,057 MRO
Transaction Impact: A difference of 159,199.49 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

268.5898
242.1665
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 254.6089, compared to 257.2130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6041 points.

H1 Avg (Jan–Jun) 254.6089
H2 Avg (Jul–Dec) 257.2130

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 21.9016 MRO (High: 264.9988 / Low: 243.0973). On the other end, April was the most stable month, with a tight range of 5.4479 MRO (High: 253.4344 / Low: 247.9865).

October Spread (Volatile) ±21.9016
April Spread (Stable) ±5.4479

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 10.4179 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.4179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 266.3878) against the same month in 2016 (average: 253.4781), the exchange rate shifted by +12.9097 (+5.09%).

2017 Avg (July) 266.3878
2016 Avg (July) 253.4781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 261.9373 248.0868 255.4083
February 262.3786 256.5515 259.1742
March 255.2656 247.3191 251.5820
April 253.4344 247.9865 251.1670
May 255.5487 245.8556 250.0228
June 263.8704 254.9319 260.2991
July 273.2512 260.4298 266.3878
August 269.4033 260.7262 265.6084
September 268.3613 260.8914 264.8808
October 264.9988 243.0973 254.4629
November 247.1657 241.4113 244.3685
December 251.9914 242.2331 247.5697