YEARLY HIGH
13.4854 JMD
YEARLY LOW
13.0401 JMD
YEARLY AVERAGE
13.2399 JMD

2011 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 13.4854. Conversely, the yearly low was recorded on May 9, dropping to 13.0401.

This high-to-low spread represents a total annual volatility of 0.4453 JMD. From a start-to-finish perspective, comparing the January average rate of 13.3425 to the December average rate of 13.3142, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.4854 was down 3.30% compared to the 2010 peak of 13.9453, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,427 JMD
2010 Average 67,364 JMD
Yearly Trough Low 65,200 JMD
Transaction Impact: A difference of 2,226.42 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.3947
13.0407
JanuMarcMayJulySeptNove

MMK 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 13.2237, compared to 13.2561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 13.2237
H2 Avg (Jul–Dec) 13.2561

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.2897 JMD (High: 13.3490 / Low: 13.0593). On the other end, May was the most stable month, with a tight range of 0.0512 JMD (High: 13.0913 / Low: 13.0401).

April Spread (Volatile) ±0.2897
May Spread (Stable) ±0.0512

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2361 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 13.3095) against the same month in 2010 (average: 13.3341), the exchange rate shifted by -0.0246 (-0.18%).

2011 Avg (November) 13.3095
2010 Avg (November) 13.3341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.3889 13.3015 13.3425
February 13.3838 13.2910 13.3464
March 13.3936 13.3116 13.3652
April 13.3490 13.0593 13.1291
May 13.0913 13.0401 13.0702
June 13.1285 13.0427 13.0889
July 13.2966 13.0608 13.1458
August 13.3607 13.1190 13.2191
September 13.3650 13.1449 13.2719
October 13.4124 13.1622 13.2759
November 13.4854 13.2048 13.3095
December 13.4713 13.2272 13.3142