YEARLY HIGH
0.3930 JMD
YEARLY LOW
0.3637 JMD
YEARLY AVERAGE
0.3796 JMD

2014 MRO to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MRO to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.3930. Conversely, the yearly low was recorded on January 6, dropping to 0.3637.

This high-to-low spread represents a total annual volatility of 0.0292 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3659 to the December average rate of 0.3917, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3930 was up 4.69% compared to the 2013 peak of 0.3753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,965 JMD
2013 Average 1,701 JMD
Yearly Trough Low 1,819 JMD
Transaction Impact: A difference of 146.23 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3943
0.3633
JanuMarcMayJulySeptNove

MRO 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 0.3726, compared to 0.3866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.3726
H2 Avg (Jul–Dec) 0.3866

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0091 JMD (High: 0.3806 / Low: 0.3716). On the other end, September was the most stable month, with a tight range of 0.0029 JMD (High: 0.3875 / Low: 0.3846).

May Spread (Volatile) ±0.0091
September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3917) against the same month in 2013 (average: 0.3584), the exchange rate shifted by +0.0333 (+9.30%).

2014 Avg (December) 0.3917
2013 Avg (December) 0.3584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3685 0.3637 0.3659
February 0.3713 0.3668 0.3696
March 0.3754 0.3665 0.3717
April 0.3743 0.3678 0.3713
May 0.3806 0.3716 0.3762
June 0.3840 0.3772 0.3807
July 0.3869 0.3832 0.3850
August 0.3872 0.3832 0.3854
September 0.3875 0.3846 0.3862
October 0.3875 0.3822 0.3849
November 0.3895 0.3826 0.3864
December 0.3930 0.3894 0.3917