YEARLY HIGH
62.1981 MUR
YEARLY LOW
55.3597 MUR
YEARLY AVERAGE
58.6610 MUR

2021 JOD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 62.1981. Conversely, the yearly low was recorded on January 11, dropping to 55.3597.

This high-to-low spread represents a total annual volatility of 6.8384 MUR. From a start-to-finish perspective, comparing the January average rate of 55.7428 to the December average rate of 61.4367, the exchange rate registered a net change of 10.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 62.1981 was up 9.29% compared to the 2020 peak of 56.9111, 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 310,990 MUR
2020 Average 276,641 MUR
Yearly Trough Low 276,798 MUR
Transaction Impact: A difference of 34,192.07 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

62.0061
55.1734
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 56.7462, compared to 60.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8296 points.

H1 Avg (Jan–Jun) 56.7462
H2 Avg (Jul–Dec) 60.5758

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 3.5261 MUR (High: 60.6488 / Low: 57.1227). On the other end, January was the most stable month, with a tight range of 0.7052 MUR (High: 56.0649 / Low: 55.3597).

June Spread (Volatile) ±3.5261
January Spread (Stable) ±0.7052

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2108 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 61.4367) against the same month in 2020 (average: 55.8651), the exchange rate shifted by +5.5716 (+9.97%).

2021 Avg (December) 61.4367
2020 Avg (December) 55.8651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.0649 55.3597 55.7428
February 56.6362 55.8392 56.0848
March 57.5458 56.1354 56.6343
April 58.1100 56.5585 57.0344
May 58.2522 56.8164 57.1877
June 60.6488 57.1227 57.7930
July 60.8604 59.8904 60.3667
August 60.7898 59.8004 60.1559
September 60.7193 59.5910 59.9994
October 61.2837 59.9436 60.4073
November 62.1862 60.6307 61.0889
December 62.1981 60.5924 61.4367