Will the 2026–27 El Niño be the strongest on record?

This market will resolve to "Yes" if the peak RONI for the 2026–27 El Niño is above 2.40°C, the highest Relative Oceanic Niño Index (RONI) value on record. Otherwise, this market will resolve to "No". The peak RONI is the single highest 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 reported in official NOAA CPC RONI updates. The record to beat is +2.40°C, set in DJF 1982-83,