2011 JMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 JMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 25.9604. Conversely, the yearly low was recorded on July 4, dropping to 22.4897.
This high-to-low spread represents a total annual volatility of 3.4707 MGA. From a start-to-finish perspective, comparing the January average rate of 24.0845 to the December average rate of 24.8192, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 25.9604 was down 0.03% compared to the 2010 peak of 25.9669, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
JMD to MGA 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 23.2085, compared to 23.8387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6302 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 1.8981 MGA (High: 25.9604 / Low: 24.0623). On the other end, March was the most stable month, with a tight range of 0.2261 MGA (High: 23.1158 / Low: 22.8898).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8312 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 24.8192) against the same month in 2010 (average: 24.2619), the exchange rate shifted by +0.5573 (+2.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.6891 | 23.6018 | 24.0845 |
| February | 23.4930 | 23.0047 | 23.2533 |
| March | 23.1158 | 22.8898 | 23.0393 |
| April | 23.4778 | 22.8257 | 23.0471 |
| May | 23.2899 | 22.8257 | 23.0510 |
| June | 22.9020 | 22.5448 | 22.7757 |
| July | 23.2081 | 22.4897 | 22.9448 |
| August | 23.3291 | 22.7355 | 22.9245 |
| September | 24.2674 | 22.7511 | 23.4575 |
| October | 24.6957 | 23.3668 | 24.3708 |
| November | 24.7653 | 24.3440 | 24.5154 |
| December | 25.9604 | 24.0623 | 24.8192 |