YEARLY HIGH
56.9111 MUR
YEARLY LOW
51.2631 MUR
YEARLY AVERAGE
55.3221 MUR

2020 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 56.9111. Conversely, the yearly low was recorded on January 2, dropping to 51.2631.

This high-to-low spread represents a total annual volatility of 5.6480 MUR. From a start-to-finish perspective, comparing the January average rate of 51.6049 to the December average rate of 55.8651, the exchange rate registered a net change of 8.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 56.9111 was up 9.52% compared to the 2019 peak of 51.9632, 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 284,556 MUR
2019 Average 250,892 MUR
Yearly Trough Low 256,316 MUR
Transaction Impact: A difference of 28,239.98 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

56.8547
51.1276
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 54.4900, compared to 56.1543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6643 points.

H1 Avg (Jan–Jun) 54.4900
H2 Avg (Jul–Dec) 56.1543

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.6201 MUR (High: 55.7969 / Low: 52.1768). On the other end, November was the most stable month, with a tight range of 0.6347 MUR (High: 56.6996 / Low: 56.0649).

March Spread (Volatile) ±3.6201
November Spread (Stable) ±0.6347

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4283 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 56.3606) against the same month in 2019 (average: 50.6910), the exchange rate shifted by +5.6696 (+11.18%).

2020 Avg (July) 56.3606
2019 Avg (July) 50.6910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.0450 51.2631 51.6049
February 53.1898 51.7338 52.4981
March 55.7969 52.1768 54.1979
April 56.5679 55.2916 55.9528
May 56.8471 55.9688 56.3088
June 56.7714 55.9944 56.3775
July 56.9111 55.7828 56.3606
August 56.4316 55.7828 56.0192
September 56.4886 55.6276 56.1252
October 56.6432 55.9900 56.2621
November 56.6996 56.0649 56.2934
December 56.6996 55.4866 55.8651