YEARLY HIGH
263.0541 MRO
YEARLY LOW
133.9099 MRO
YEARLY AVERAGE
246.0868 MRO

2018 NZD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 263.0541. Conversely, the yearly low was recorded on October 7, dropping to 133.9099.

This high-to-low spread represents a total annual volatility of 129.1442 MRO. From a start-to-finish perspective, comparing the January average rate of 257.4350 to the December average rate of 242.9383, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 263.0541 was down 3.73% compared to the 2017 peak of 273.2512, 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 1,315,271 MRO
2017 Average 1,279,461 MRO
Yearly Trough Low 669,550 MRO
Transaction Impact: A difference of 645,720.94 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

262.8737
223.4190
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 254.4062, compared to 237.7674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.6389 points.

H1 Avg (Jan–Jun) 254.4062
H2 Avg (Jul–Dec) 237.7674

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 101.6265 MRO (High: 235.5364 / Low: 133.9099). On the other end, March was the most stable month, with a tight range of 4.6721 MRO (High: 260.2477 / Low: 255.5756).

October Spread (Volatile) ±101.6265
March Spread (Stable) ±4.6721

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 10.0209 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 259.5858) against the same month in 2017 (average: 259.1742), the exchange rate shifted by +0.4116 (+0.16%).

2018 Avg (February) 259.5858
2017 Avg (February) 259.1742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 261.7685 251.0417 257.4350
February 263.0541 256.5692 259.5858
March 260.2477 255.5756 257.9403
April 262.3312 251.0932 257.3341
May 250.6239 244.3353 247.3132
June 250.2145 240.0585 246.8290
July 244.0951 238.5395 241.7870
August 241.8552 234.2836 237.6416
September 238.9886 232.5854 235.6456
October 235.5364 133.9099 226.7069
November 245.5802 237.3670 241.8848
December 247.7259 239.1984 242.9383