2016 SRD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 87.1093. Conversely, the yearly low was recorded on September 21, dropping to 45.7354.
This high-to-low spread represents a total annual volatility of 41.3739 MRO. From a start-to-finish perspective, comparing the January average rate of 83.8147 to the December average rate of 48.6306, the exchange rate registered a net change of -41.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 87.1093 was down 16.02% compared to the 2015 peak of 103.7319, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 72.1216, compared to 49.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.9751 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 8.9657 MRO (High: 86.2868 / Low: 77.3210). On the other end, July was the most stable month, with a tight range of 0.7768 MRO (High: 50.6652 / Low: 49.8885).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 21.0901 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 86.1394) against the same month in 2015 (average: 90.5996), the exchange rate shifted by -4.4602 (-4.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 86.2868 | 77.3210 | 83.8147 |
| February | 86.3995 | 82.4491 | 85.6351 |
| March | 87.1093 | 85.5896 | 86.1394 |
| April | 68.1842 | 60.6045 | 65.0493 |
| May | 63.0992 | 55.1023 | 60.5243 |
| June | 55.2628 | 50.5276 | 51.5670 |
| July | 50.6652 | 49.8885 | 50.2748 |
| August | 50.4531 | 48.2922 | 49.4595 |
| September | 49.5218 | 45.7354 | 47.4816 |
| October | 52.2464 | 46.4575 | 49.4349 |
| November | 51.3024 | 48.9195 | 49.5977 |
| December | 49.0762 | 48.2050 | 48.6306 |