2016 SEK to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SEK to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SEK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 43.8832. Conversely, the yearly low was recorded on January 6, dropping to 35.9808.
This high-to-low spread represents a total annual volatility of 7.9024 MRO. From a start-to-finish perspective, comparing the January average rate of 39.1817 to the December average rate of 38.8738, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 43.8832 was up 10.19% compared to the 2015 peak of 39.8266, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SEK 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 41.4861, compared to 40.6080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 4.4474 MRO (High: 40.4282 / Low: 35.9808). On the other end, September was the most stable month, with a tight range of 0.6966 MRO (High: 42.1307 / Low: 41.4342).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.4206 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 42.8835) against the same month in 2015 (average: 38.7673), the exchange rate shifted by +4.1162 (+10.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.4282 | 35.9808 | 39.1817 |
| February | 40.8720 | 39.1870 | 40.3503 |
| March | 42.1902 | 39.9040 | 41.2016 |
| April | 43.1399 | 42.0873 | 42.5363 |
| May | 43.3296 | 42.3630 | 42.7633 |
| June | 43.8832 | 41.6804 | 42.8835 |
| July | 42.1282 | 41.0387 | 41.4629 |
| August | 42.4697 | 41.2319 | 41.9508 |
| September | 42.1307 | 41.4342 | 41.6866 |
| October | 41.5153 | 39.4515 | 40.5064 |
| November | 39.9517 | 38.5766 | 39.1675 |
| December | 39.5205 | 38.1873 | 38.8738 |