YEARLY HIGH
0.1160 JMD
YEARLY LOW
0.1074 JMD
YEARLY AVERAGE
0.1127 JMD

2014 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 0.1160. Conversely, the yearly low was recorded on January 3, dropping to 0.1074.

This high-to-low spread represents a total annual volatility of 0.0086 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.1106, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1160 was up 3.06% compared to the 2013 peak of 0.1125, 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 580 JMD
2013 Average 535 JMD
Yearly Trough Low 537 JMD
Transaction Impact: A difference of 42.83 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1166
0.1072
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 0.1121, compared to 0.1133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1121
H2 Avg (Jul–Dec) 0.1133

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0049 JMD (High: 0.1124 / Low: 0.1075). On the other end, August was the most stable month, with a tight range of 0.0003 JMD (High: 0.1159 / Low: 0.1157).

November Spread (Volatile) ±0.0049
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.1148) against the same month in 2013 (average: 0.1050), the exchange rate shifted by +0.0098 (+9.31%).

2014 Avg (September) 0.1148
2013 Avg (September) 0.1050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1088 0.1074 0.1080
February 0.1100 0.1087 0.1092
March 0.1137 0.1100 0.1122
April 0.1141 0.1134 0.1139
May 0.1150 0.1140 0.1147
June 0.1149 0.1138 0.1145
July 0.1158 0.1147 0.1154
August 0.1159 0.1157 0.1158
September 0.1160 0.1133 0.1148
October 0.1140 0.1120 0.1131
November 0.1124 0.1075 0.1098
December 0.1111 0.1096 0.1106