YEARLY HIGH
0.2819 MUR
YEARLY LOW
0.2534 MUR
YEARLY AVERAGE
0.2689 MUR

2017 JMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2819. Conversely, the yearly low was recorded on August 29, dropping to 0.2534.

This high-to-low spread represents a total annual volatility of 0.0284 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2785 to the December average rate of 0.2702, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2819 was down 6.53% compared to the 2016 peak of 0.3016, 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 1,409 MUR
2016 Average 1,421 MUR
Yearly Trough Low 1,267 MUR
Transaction Impact: A difference of 142.24 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2807
0.2543
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 0.2732, compared to 0.2646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.2732
H2 Avg (Jul–Dec) 0.2646

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0096 MUR (High: 0.2697 / Low: 0.2601). On the other end, June was the most stable month, with a tight range of 0.0026 MUR (High: 0.2688 / Low: 0.2662).

October Spread (Volatile) ±0.0096
June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2785) against the same month in 2016 (average: 0.2994), the exchange rate shifted by -0.0209 (-6.97%).

2017 Avg (January) 0.2785
2016 Avg (January) 0.2994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2819 0.2751 0.2785
February 0.2788 0.2742 0.2759
March 0.2789 0.2721 0.2751
April 0.2747 0.2684 0.2727
May 0.2734 0.2663 0.2694
June 0.2688 0.2662 0.2676
July 0.2703 0.2613 0.2662
August 0.2628 0.2534 0.2594
September 0.2611 0.2539 0.2565
October 0.2697 0.2601 0.2656
November 0.2731 0.2652 0.2700
December 0.2734 0.2667 0.2702