YEARLY HIGH
0.2963 MUR
YEARLY LOW
0.2620 MUR
YEARLY AVERAGE
0.2764 MUR

2020 JMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.2963. Conversely, the yearly low was recorded on February 9, dropping to 0.2620.

This high-to-low spread represents a total annual volatility of 0.0343 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2720 to the December average rate of 0.2755, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2963 was up 5.43% compared to the 2019 peak of 0.2811, 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 1,482 MUR
2019 Average 1,333 MUR
Yearly Trough Low 1,310 MUR
Transaction Impact: A difference of 171.63 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2907
0.2639
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 0.2786, compared to 0.2743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2786
H2 Avg (Jul–Dec) 0.2743

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0227 MUR (High: 0.2963 / Low: 0.2736). On the other end, August was the most stable month, with a tight range of 0.0058 MUR (High: 0.2693 / Low: 0.2636).

March Spread (Volatile) ±0.0227
August Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0127 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2842) against the same month in 2019 (average: 0.2749), the exchange rate shifted by +0.0093 (+3.38%).

2020 Avg (March) 0.2842
2019 Avg (March) 0.2749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2783 0.2635 0.2720
February 0.2748 0.2620 0.2662
March 0.2963 0.2736 0.2842
April 0.2955 0.2814 0.2885
May 0.2833 0.2710 0.2767
June 0.2889 0.2783 0.2840
July 0.2886 0.2687 0.2792
August 0.2693 0.2636 0.2665
September 0.2828 0.2663 0.2767
October 0.2817 0.2730 0.2762
November 0.2763 0.2690 0.2716
December 0.2781 0.2722 0.2755