YEARLY HIGH
51.0162 MUR
YEARLY LOW
46.0063 MUR
YEARLY AVERAGE
48.6568 MUR

2017 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 51.0162. Conversely, the yearly low was recorded on August 30, dropping to 46.0063.

This high-to-low spread represents a total annual volatility of 5.0099 MUR. From a start-to-finish perspective, comparing the January average rate of 50.6394 to the December average rate of 47.6652, the exchange rate registered a net change of -5.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 51.0162 was down 0.12% compared to the 2016 peak of 51.0756, 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 255,081 MUR
2016 Average 250,672 MUR
Yearly Trough Low 230,031 MUR
Transaction Impact: A difference of 25,049.45 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

51.0300
46.3435
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 49.7287, compared to 47.5849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1438 points.

H1 Avg (Jan–Jun) 49.7287
H2 Avg (Jul–Dec) 47.5849

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 1.5828 MUR (High: 47.9537 / Low: 46.3709). On the other end, February was the most stable month, with a tight range of 0.4643 MUR (High: 50.4933 / Low: 50.0290).

September Spread (Volatile) ±1.5828
February Spread (Stable) ±0.4643

Growth Streaks & Declines

Trends

Between August and November, 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 1.3374 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 50.6394) against the same month in 2016 (average: 50.8535), the exchange rate shifted by -0.2141 (-0.42%).

2017 Avg (January) 50.6394
2016 Avg (January) 50.8535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.0162 50.1914 50.6394
February 50.4933 50.0290 50.1309
March 50.1957 49.5072 49.9356
April 49.9631 49.0763 49.6348
May 49.6393 48.5976 49.1149
June 49.0969 48.5866 48.9165
July 48.6208 47.0776 48.0714
August 47.2228 46.0063 46.7340
September 47.9537 46.3709 47.0026
October 48.3088 47.7432 47.9659
November 48.6863 47.2545 48.0702
December 48.2002 47.1741 47.6652