YEARLY HIGH
0.0445 JMD
YEARLY LOW
0.0385 JMD
YEARLY AVERAGE
0.0426 JMD

2011 MGA to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0445. Conversely, the yearly low was recorded on December 31, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0059 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0415 to the December average rate of 0.0403, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0445 was down 1.03% compared to the 2010 peak of 0.0449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 222 JMD
2010 Average 210 JMD
Yearly Trough Low 193 JMD
Transaction Impact: A difference of 29.72 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0443
0.0400
JanuMarcMayJulySeptNove

MGA to JMD 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 0.0431, compared to 0.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0431
H2 Avg (Jul–Dec) 0.0420

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0030 JMD (High: 0.0416 / Low: 0.0385). On the other end, March was the most stable month, with a tight range of 0.0004 JMD (High: 0.0437 / Low: 0.0433).

December Spread (Volatile) ±0.0030
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.0436) against the same month in 2010 (average: 0.0394), the exchange rate shifted by +0.0042 (+10.56%).

2011 Avg (July) 0.0436
2010 Avg (July) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0424 0.0405 0.0415
February 0.0435 0.0426 0.0430
March 0.0437 0.0433 0.0434
April 0.0438 0.0426 0.0434
May 0.0438 0.0429 0.0434
June 0.0444 0.0437 0.0439
July 0.0445 0.0431 0.0436
August 0.0440 0.0429 0.0436
September 0.0440 0.0412 0.0426
October 0.0428 0.0405 0.0410
November 0.0411 0.0404 0.0408
December 0.0416 0.0385 0.0403