YEARLY HIGH
0.0474 JMD
YEARLY LOW
0.0412 JMD
YEARLY AVERAGE
0.0450 JMD

2014 MGA to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MGA to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.0474. Conversely, the yearly low was recorded on October 25, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0062 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0469 to the December average rate of 0.0438, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0474 was down 0.64% compared to the 2013 peak of 0.0477, 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 237 JMD
2013 Average 225 JMD
Yearly Trough Low 206 JMD
Transaction Impact: A difference of 31.23 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0475
0.0411
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 0.0465, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0465
H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0022 JMD (High: 0.0445 / Low: 0.0423). On the other end, February was the most stable month, with a tight range of 0.0006 JMD (High: 0.0467 / Low: 0.0461).

September Spread (Volatile) ±0.0022
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.0463) against the same month in 2013 (average: 0.0458), the exchange rate shifted by +0.0005 (+1.12%).

2014 Avg (June) 0.0463
2013 Avg (June) 0.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0473 0.0466 0.0469
February 0.0467 0.0461 0.0463
March 0.0469 0.0460 0.0463
April 0.0469 0.0461 0.0465
May 0.0469 0.0460 0.0465
June 0.0474 0.0457 0.0463
July 0.0463 0.0450 0.0457
August 0.0455 0.0440 0.0446
September 0.0445 0.0423 0.0433
October 0.0423 0.0412 0.0417
November 0.0423 0.0412 0.0416
December 0.0446 0.0425 0.0438