YEARLY HIGH
0.0209 JOD
YEARLY LOW
0.0192 JOD
YEARLY AVERAGE
0.0199 JOD

2019 MUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0209. Conversely, the yearly low was recorded on November 29, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0017 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0194, the exchange rate registered a net change of -6.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0209 was down 5.55% compared to the 2018 peak of 0.0221, 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 105 JOD
2018 Average 104 JOD
Yearly Trough Low 96 JOD
Transaction Impact: A difference of 8.35 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0208
0.0193
JanuMarcMayJulySeptNove

MUR to JOD 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 0.0204, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0007 JOD (High: 0.0209 / Low: 0.0203). On the other end, October was the most stable month, with a tight range of 0.0002 JOD (High: 0.0196 / Low: 0.0194).

February Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0207) against the same month in 2018 (average: 0.0218), the exchange rate shifted by -0.0011 (-4.85%).

2019 Avg (February) 0.0207
2018 Avg (February) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0206 0.0207
February 0.0209 0.0203 0.0207
March 0.0208 0.0202 0.0204
April 0.0206 0.0201 0.0203
May 0.0204 0.0198 0.0201
June 0.0201 0.0196 0.0199
July 0.0198 0.0195 0.0197
August 0.0198 0.0195 0.0197
September 0.0196 0.0194 0.0195
October 0.0196 0.0194 0.0195
November 0.0196 0.0192 0.0194
December 0.0195 0.0193 0.0194