YEARLY HIGH
3.7226 JMD
YEARLY LOW
3.4861 JMD
YEARLY AVERAGE
3.6123 JMD

2014 MUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 3.7226. Conversely, the yearly low was recorded on January 12, dropping to 3.4861.

This high-to-low spread represents a total annual volatility of 0.2365 JMD. From a start-to-finish perspective, comparing the January average rate of 3.5125 to the December average rate of 3.6051, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.7226 was up 6.03% compared to the 2013 peak of 3.5108, 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 18,613 JMD
2013 Average 16,206 JMD
Yearly Trough Low 17,430 JMD
Transaction Impact: A difference of 1,182.62 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.7167
3.4939
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: Jan–Jun) was 3.6059, compared to 3.6187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 3.6059
H2 Avg (Jul–Dec) 3.6187

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0826 JMD (High: 3.6441 / Low: 3.5615). On the other end, June was the most stable month, with a tight range of 0.0286 JMD (High: 3.6845 / Low: 3.6559).

September Spread (Volatile) ±0.0826
June Spread (Stable) ±0.0286

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0654 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 3.6981) against the same month in 2013 (average: 3.2547), the exchange rate shifted by +0.4434 (+13.62%).

2014 Avg (July) 3.6981
2013 Avg (July) 3.2547

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.5405 3.4861 3.5125
February 3.5829 3.5237 3.5551
March 3.6353 3.5751 3.6088
April 3.6611 3.6200 3.6322
May 3.6723 3.6434 3.6576
June 3.6845 3.6559 3.6692
July 3.7226 3.6744 3.6981
August 3.6920 3.6338 3.6651
September 3.6441 3.5615 3.5996
October 3.5916 3.5573 3.5735
November 3.5956 3.5406 3.5708
December 3.6351 3.5714 3.6051