YEARLY HIGH
3.9949 JMD
YEARLY LOW
3.5577 JMD
YEARLY AVERAGE
3.7550 JMD

2019 MUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 3.9949. Conversely, the yearly low was recorded on March 17, dropping to 3.5577.

This high-to-low spread represents a total annual volatility of 0.4373 JMD. From a start-to-finish perspective, comparing the January average rate of 3.7932 to the December average rate of 3.7475, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.9949 was down 0.07% compared to the 2018 peak of 3.9979, 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 19,975 JMD
2018 Average 18,944 JMD
Yearly Trough Low 17,788 JMD
Transaction Impact: A difference of 2,186.40 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.9252
3.6119
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 3.7567, compared to 3.7534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 3.7567
H2 Avg (Jul–Dec) 3.7534

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.2544 JMD (High: 3.8562 / Low: 3.6018). On the other end, November was the most stable month, with a tight range of 0.0581 JMD (High: 3.8706 / Low: 3.8125).

December Spread (Volatile) ±0.2544
November Spread (Stable) ±0.0581

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 February and March, when the average rate fell by 0.2611 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 3.8991) against the same month in 2018 (average: 3.8544), the exchange rate shifted by +0.0447 (+1.16%).

2019 Avg (February) 3.8991
2018 Avg (February) 3.8544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8983 3.7007 3.7932
February 3.9949 3.7811 3.8991
March 3.7869 3.5577 3.6380
April 3.8052 3.5795 3.7120
May 3.9114 3.7602 3.8208
June 3.8124 3.5765 3.6768
July 3.7922 3.6441 3.7150
August 3.7744 3.6848 3.7433
September 3.7966 3.6978 3.7427
October 3.8137 3.6543 3.7311
November 3.8706 3.8125 3.8410
December 3.8562 3.6018 3.7475