2015 JMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 JMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 29.4219. Conversely, the yearly low was recorded on January 2, dropping to 22.4565.
This high-to-low spread represents a total annual volatility of 6.9654 MGA. From a start-to-finish perspective, comparing the January average rate of 23.1731 to the December average rate of 26.7910, the exchange rate registered a net change of 15.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 29.4219 was up 21.15% compared to the 2014 peak of 24.2856, 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 2015.
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 25.7611, compared to 27.3257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 2.0447 MGA (High: 27.3277 / Low: 25.2830). On the other end, November was the most stable month, with a tight range of 0.4467 MGA (High: 27.6430 / Low: 27.1963).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.4749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 28.3032) against the same month in 2014 (average: 22.4084), the exchange rate shifted by +5.8947 (+26.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.2871 | 22.4565 | 23.1731 |
| February | 24.8239 | 23.9911 | 24.4465 |
| March | 26.6689 | 24.7324 | 25.7937 |
| April | 27.1065 | 26.3778 | 26.7831 |
| May | 27.6024 | 26.0486 | 26.8994 |
| June | 27.8569 | 25.8598 | 27.4707 |
| July | 29.2986 | 27.3861 | 28.2809 |
| August | 29.4219 | 28.0446 | 28.3032 |
| September | 27.9719 | 26.0034 | 26.8283 |
| October | 27.3277 | 25.2830 | 26.3112 |
| November | 27.6430 | 27.1963 | 27.4399 |
| December | 27.4868 | 26.5430 | 26.7910 |