2018 SRD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SRD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SRD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 48.2647. Conversely, the yearly low was recorded on October 8, dropping to 27.8895.
This high-to-low spread represents a total annual volatility of 20.3752 MRO. From a start-to-finish perspective, comparing the January average rate of 47.5657 to the December average rate of 47.8681, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 48.2647 was down 2.22% compared to the 2017 peak of 49.3602, 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 2018.
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 47.6105, compared to 47.6276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 20.0456 MRO (High: 47.9351 / Low: 27.8895). On the other end, December was the most stable month, with a tight range of 0.0000 MRO (High: 47.8681 / Low: 47.8681).
Growth Streaks & Declines
TrendsBetween April and September, 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 September and October, when the average rate fell by 1.3134 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 47.7460) against the same month in 2017 (average: 48.3505), the exchange rate shifted by -0.6045 (-1.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.6669 | 47.3895 | 47.5657 |
| February | 47.6701 | 47.5362 | 47.5888 |
| March | 47.7370 | 47.5362 | 47.6247 |
| April | 47.8040 | 47.2336 | 47.6042 |
| May | 47.7370 | 47.6031 | 47.6374 |
| June | 47.7370 | 47.6031 | 47.6422 |
| July | 48.2647 | 47.6031 | 47.7460 |
| August | 47.9351 | 47.6669 | 47.8162 |
| September | 47.9351 | 47.8010 | 47.8904 |
| October | 47.9351 | 27.8895 | 46.5770 |
| November | 47.8681 | 47.8681 | 47.8681 |
| December | 47.8681 | 47.8681 | 47.8681 |