YEARLY HIGH
0.2780 MUR
YEARLY LOW
0.2501 MUR
YEARLY AVERAGE
0.2641 MUR

2018 JMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.2780. Conversely, the yearly low was recorded on August 26, dropping to 0.2501.

This high-to-low spread represents a total annual volatility of 0.0279 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2654 to the December average rate of 0.2687, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2780 was down 1.38% compared to the 2017 peak of 0.2819, 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 1,390 MUR
2017 Average 1,344 MUR
Yearly Trough Low 1,251 MUR
Transaction Impact: A difference of 139.29 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2771
0.2499
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 0.2660, compared to 0.2622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.2660
H2 Avg (Jul–Dec) 0.2622

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0148 MUR (High: 0.2707 / Low: 0.2559). On the other end, May was the most stable month, with a tight range of 0.0040 MUR (High: 0.2766 / Low: 0.2726).

October Spread (Volatile) ±0.0148
May Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.2739) against the same month in 2017 (average: 0.2700), the exchange rate shifted by +0.0040 (+1.47%).

2018 Avg (November) 0.2739
2017 Avg (November) 0.2700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2719 0.2593 0.2654
February 0.2641 0.2548 0.2595
March 0.2639 0.2574 0.2599
April 0.2739 0.2637 0.2699
May 0.2766 0.2726 0.2748
June 0.2708 0.2626 0.2664
July 0.2688 0.2566 0.2628
August 0.2579 0.2501 0.2545
September 0.2553 0.2505 0.2521
October 0.2707 0.2559 0.2614
November 0.2780 0.2714 0.2739
December 0.2722 0.2656 0.2687