YEARLY HIGH
24.2856 MGA
YEARLY LOW
21.0871 MGA
YEARLY AVERAGE
22.2794 MGA

2014 JMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 24.2856. Conversely, the yearly low was recorded on June 30, dropping to 21.0871.

This high-to-low spread represents a total annual volatility of 3.1985 MGA. From a start-to-finish perspective, comparing the January average rate of 21.3050 to the December average rate of 22.8182, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.2856 was down 0.99% compared to the 2013 peak of 24.5280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 121,428 MGA
2013 Average 111,080 MGA
Yearly Trough Low 105,436 MGA
Transaction Impact: A difference of 15,992.44 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.2903
21.0336
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21.5230, compared to 23.0358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5128 points.

H1 Avg (Jan–Jun) 21.5230
H2 Avg (Jul–Dec) 23.0358

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.1590 MGA (High: 23.6385 / Low: 22.4794). On the other end, February was the most stable month, with a tight range of 0.2812 MGA (High: 21.7032 / Low: 21.4220).

September Spread (Volatile) ±1.1590
February Spread (Stable) ±0.2812

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.2007 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.2007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 24.0016) against the same month in 2013 (average: 21.4328), the exchange rate shifted by +2.5687 (+11.99%).

2014 Avg (October) 24.0016
2013 Avg (October) 21.4328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.4587 21.1207 21.3050
February 21.7032 21.4220 21.6120
March 21.7165 21.3258 21.5816
April 21.7152 21.3355 21.5231
May 21.7178 21.3035 21.5073
June 21.8790 21.0871 21.6089
July 22.2340 21.5929 21.8754
August 22.7152 21.9821 22.4084
September 23.6385 22.4794 23.0924
October 24.2856 23.6539 24.0016
November 24.2722 23.6465 24.0189
December 23.5561 22.4299 22.8182