YEARLY HIGH
3.8263 JMD
YEARLY LOW
3.4265 JMD
YEARLY AVERAGE
3.6241 JMD

2021 MUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 3.8263. Conversely, the yearly low was recorded on October 3, dropping to 3.4265.

This high-to-low spread represents a total annual volatility of 0.3998 JMD. From a start-to-finish perspective, comparing the January average rate of 3.6483 to the December average rate of 3.5446, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.8263 was up 0.25% compared to the 2020 peak of 3.8167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,132 JMD
2020 Average 18,100 JMD
Yearly Trough Low 17,133 JMD
Transaction Impact: A difference of 1,999.08 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.7933
3.4837
JanuMarcMayJulySeptNove

MUR 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: JanтАУJun) was 3.6923, compared to 3.5558 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1365 points.

H1 Avg (JanтАУJun) 3.6923
H2 Avg (JulтАУDec) 3.5558

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2302 JMD (High: 3.8205 / Low: 3.5903). On the other end, November was the most stable month, with a tight range of 0.0922 JMD (High: 3.6230 / Low: 3.5308).

April Spread (Volatile) ┬▒0.2302
November Spread (Stable) ┬▒0.0922

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0963 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3.7171) against the same month in 2020 (average: 3.6143), the exchange rate shifted by +0.1028 (+2.84%).

2021 Avg (May) 3.7171
2020 Avg (May) 3.6143

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Month High Low Average
January 3.6988 3.6013 3.6483
February 3.8151 3.6958 3.7675
March 3.7912 3.5702 3.6718
April 3.8205 3.5903 3.6982
May 3.8263 3.6100 3.7171
June 3.6878 3.4847 3.6512
July 3.6566 3.4501 3.5708
August 3.6521 3.5150 3.6085
September 3.5772 3.4546 3.5121
October 3.5874 3.4265 3.5095
November 3.6230 3.5308 3.5893
December 3.6215 3.4833 3.5446