Markets/What will the peak RONI be for the 2026–27 El Niño?
What will the peak RONI be for the 2026–27 El Niño?

What will the peak RONI be for the 2026–27 El Niño?

$120.72KVolApr 15 mkts5 months leftNeg Risk

The Field

5

§ Market context

About this market

Traders currently see Over 2.5 as the leading outcome, at a 53% probability across 5 listed outcomes. Over the past 24 hours, the leading outcome's probability has moved down 14 percentage points. The market has traded approximately $120.72K in volume as of the latest update. It is scheduled to resolve by April 1, 2027.

Status
Live trading
Leading outcome
Over 2.5 (53%)
Volume
$120.72K
Liquidity
$4.59K
Resolution date
April 1, 2027
Outcomes
5
Last updated
October 23, 2026

Rules and resolution

This market resolves based on the peak RONI — the single highest Relative Oceanic Niño Index (RONI) value reported by NOAA's Climate Prediction Center (CPC) across the overlapping three-month seasons ASO 2026, SON 2026, OND 2026, NDJ 2026-27, and DJF 2026-27, as published in official NOAA CPC RONI updates (https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/). See each individual market for its bracket and full resolution terms. This market may resolve immediately once NOAA has published a RONI value that determines the peak: the "Over 2.5" outcome resolves "Yes" as soon as any listed season reaches +2.5°C or above. Any other outcome will not be confirmed until NOAA publishes the DJF 2026-27 value, since RONI can still rise in a later season and DJF captures El Niño's typical peak-strength window. The first published RONI value for each listed season is final and governs resolution; no subsequent revision to a season's value will change the outcome once that season's first value has been published. If CPC's RONI dataset is permanently discontinued, other information from NOAA may be used.

Resolution source: https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso/roni/

Data source and freshness

Odds, volume, and liquidity come from live Polymarket order books. Prices update continuously while trading is open; the figures above reflect the most recent refresh. Probabilities are market prices — what traders collectively pay for a $1 payout if the outcome occurs — not editorial forecasts.

Prediction-market prices can move quickly and past probabilities do not guarantee outcomes. Nothing on this page is financial advice.