YEARLY HIGH
51.0756 MUR
YEARLY LOW
48.9030 MUR
YEARLY AVERAGE
50.1345 MUR

2016 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 51.0756. Conversely, the yearly low was recorded on August 16, dropping to 48.9030.

This high-to-low spread represents a total annual volatility of 2.1725 MUR. From a start-to-finish perspective, comparing the January average rate of 50.8535 to the December average rate of 50.7320, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 51.0756 was down 1.39% compared to the 2015 peak of 51.7933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 255,378 MUR
2015 Average 247,680 MUR
Yearly Trough Low 244,515 MUR
Transaction Impact: A difference of 10,862.75 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

50.9848
49.4096
JanuMarcMayJulySeptNove

JOD 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 50.1285, compared to 50.1405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 50.1285
H2 Avg (Jul–Dec) 50.1405

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 1.2716 MUR (High: 50.1746 / Low: 48.9030). On the other end, July was the most stable month, with a tight range of 0.2357 MUR (High: 50.0820 / Low: 49.8463).

August Spread (Volatile) ±1.2716
July Spread (Stable) ±0.2357

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6789 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 50.8535) against the same month in 2015 (average: 45.5060), the exchange rate shifted by +5.3475 (+11.75%).

2016 Avg (January) 50.8535
2015 Avg (January) 45.5060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.0756 50.5636 50.8535
February 50.9712 50.1350 50.4498
March 50.7771 49.7430 50.2198
April 49.7304 49.3935 49.5409
May 49.9865 49.4496 49.6377
June 50.3379 49.8281 50.0694
July 50.0820 49.8463 49.9820
August 50.1746 48.9030 49.5765
September 50.0707 49.6536 49.8052
October 50.6313 49.9070 50.2466
November 50.8368 50.0589 50.5005
December 50.9158 50.5594 50.7320