YEARLY HIGH
49.5076 MUR
YEARLY LOW
45.1584 MUR
YEARLY AVERAGE
47.9430 MUR

2018 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 49.5076. Conversely, the yearly low was recorded on February 4, dropping to 45.1584.

This high-to-low spread represents a total annual volatility of 4.3492 MUR. From a start-to-finish perspective, comparing the January average rate of 46.4487 to the December average rate of 48.4020, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 49.5076 was down 2.96% compared to the 2017 peak of 51.0162, 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 247,538 MUR
2017 Average 243,237 MUR
Yearly Trough Low 225,792 MUR
Transaction Impact: A difference of 21,746.04 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.1383
45.6905
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 47.3099, compared to 48.5761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2662 points.

H1 Avg (Jan–Jun) 47.3099
H2 Avg (Jul–Dec) 48.5761

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 2.1681 MUR (High: 47.3264 / Low: 45.1584). On the other end, November was the most stable month, with a tight range of 0.4327 MUR (High: 49.0555 / Low: 48.6228).

February Spread (Volatile) ±2.1681
November Spread (Stable) ±0.4327

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.4710 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 48.6892) against the same month in 2017 (average: 48.9165), the exchange rate shifted by -0.2273 (-0.46%).

2018 Avg (June) 48.6892
2017 Avg (June) 48.9165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.3956 45.5269 46.4487
February 47.3264 45.1584 45.9778
March 47.0408 45.9970 46.6242
April 48.0637 46.7921 47.4757
May 49.1175 48.0673 48.6438
June 49.5076 47.7082 48.6892
July 49.0460 47.9970 48.5041
August 49.1892 48.1745 48.6215
September 48.6185 48.0608 48.4016
October 49.0483 48.3854 48.6762
November 49.0555 48.6228 48.8510
December 48.7454 48.0140 48.4020