YEARLY HIGH
0.3016 MUR
YEARLY LOW
0.2736 MUR
YEARLY AVERAGE
0.2841 MUR

2016 JMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.3016. Conversely, the yearly low was recorded on August 16, dropping to 0.2736.

This high-to-low spread represents a total annual volatility of 0.0280 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2994 to the December average rate of 0.2788, the exchange rate registered a net change of -6.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3016 was down 5.67% compared to the 2015 peak of 0.3197, 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 1,508 MUR
2015 Average 1,503 MUR
Yearly Trough Low 1,368 MUR
Transaction Impact: A difference of 139.82 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3016
0.2748
JanuMarcMayJulySeptNove

JMD to MUR 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 0.2904, compared to 0.2779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.2904
H2 Avg (Jul–Dec) 0.2779

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0069 MUR (High: 0.2805 / Low: 0.2736). On the other end, July was the most stable month, with a tight range of 0.0019 MUR (High: 0.2807 / Low: 0.2788).

August Spread (Volatile) ±0.0069
July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0050 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2994) against the same month in 2015 (average: 0.2807), the exchange rate shifted by +0.0187 (+6.65%).

2016 Avg (January) 0.2994
2015 Avg (January) 0.2807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3016 0.2977 0.2994
February 0.2983 0.2929 0.2949
March 0.2965 0.2900 0.2928
April 0.2895 0.2851 0.2878
May 0.2872 0.2815 0.2844
June 0.2858 0.2809 0.2830
July 0.2807 0.2788 0.2799
August 0.2805 0.2736 0.2771
September 0.2784 0.2763 0.2770
October 0.2786 0.2761 0.2775
November 0.2791 0.2742 0.2770
December 0.2800 0.2778 0.2788