YEARLY HIGH
51.9632 MUR
YEARLY LOW
47.8138 MUR
YEARLY AVERAGE
50.1674 MUR

2019 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 51.9632. Conversely, the yearly low was recorded on February 3, dropping to 47.8138.

This high-to-low spread represents a total annual volatility of 4.1494 MUR. From a start-to-finish perspective, comparing the January average rate of 48.3075 to the December average rate of 51.5454, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 51.9632 was up 4.96% compared to the 2018 peak of 49.5076, 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 259,816 MUR
2018 Average 239,773 MUR
Yearly Trough Low 239,069 MUR
Transaction Impact: A difference of 20,747.13 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

51.8691
47.9838
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 49.1433, compared to 51.1914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0481 points.

H1 Avg (Jan–Jun) 49.1433
H2 Avg (Jul–Dec) 51.1914

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 1.5409 MUR (High: 49.3547 / Low: 47.8138). On the other end, October was the most stable month, with a tight range of 0.5597 MUR (High: 51.6177 / Low: 51.0580).

February Spread (Volatile) ±1.5409
October Spread (Stable) ±0.5597

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 51.4972) against the same month in 2018 (average: 48.8510), the exchange rate shifted by +2.6462 (+5.42%).

2019 Avg (November) 51.4972
2018 Avg (November) 48.8510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.6216 48.0508 48.3075
February 49.3547 47.8138 48.3176
March 49.4357 48.1738 48.9174
April 49.7235 48.6579 49.2559
May 50.4985 49.0941 49.7682
June 50.9188 49.8652 50.2933
July 51.2013 50.4266 50.6910
August 51.1974 50.5676 50.8809
September 51.4948 50.9167 51.1706
October 51.6177 51.0580 51.3633
November 51.9632 51.1236 51.4972
December 51.9421 51.2680 51.5454