YEARLY HIGH
246.9669 MRO
YEARLY LOW
222.8837 MRO
YEARLY AVERAGE
235.3636 MRO

2019 NZD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 246.9669. Conversely, the yearly low was recorded on October 1, dropping to 222.8837.

This high-to-low spread represents a total annual volatility of 24.0831 MRO. From a start-to-finish perspective, comparing the January average rate of 242.0800 to the December average rate of 235.6465, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 246.9669 was down 6.12% compared to the 2018 peak of 263.0541, 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 1,234,834 MRO
2018 Average 1,229,916 MRO
Yearly Trough Low 1,114,419 MRO
Transaction Impact: A difference of 120,415.72 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

245.7601
224.5193
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 239.9503, compared to 230.7768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.1735 points.

H1 Avg (Jan–Jun) 239.9503
H2 Avg (Jul–Dec) 230.7768

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 10.7670 MRO (High: 240.3859 / Low: 229.6189). On the other end, November was the most stable month, with a tight range of 3.8299 MRO (High: 229.7228 / Low: 225.8929).

December Spread (Volatile) ±10.7670
November Spread (Stable) ±3.8299

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 8.6664 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.6664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 243.9901) against the same month in 2018 (average: 257.9403), the exchange rate shifted by -13.9503 (-5.41%).

2019 Avg (March) 243.9901
2018 Avg (March) 257.9403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 246.8216 236.7267 242.0800
February 246.3586 240.4931 243.9841
March 246.9669 241.4748 243.9901
April 242.4012 235.4397 239.6340
May 237.2251 231.8637 234.3198
June 239.9753 231.7279 235.6938
July 241.9389 233.8745 238.3502
August 234.0973 225.3717 229.6838
September 229.4760 223.4043 226.2893
October 229.2225 222.8837 226.3637
November 229.7228 225.8929 228.3273
December 240.3859 229.6189 235.6465