2014 MVR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MVR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MVR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 7.4917. Conversely, the yearly low was recorded on January 8, dropping to 6.8744.
This high-to-low spread represents a total annual volatility of 0.6173 JMD. From a start-to-finish perspective, comparing the January average rate of 6.9102 to the December average rate of 7.4539, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 7.4917 was up 8.23% compared to the 2013 peak of 6.9222, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MVR to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.0731, compared to 7.3395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2664 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 0.1530 JMD (High: 7.4350 / Low: 7.2820). On the other end, August was the most stable month, with a tight range of 0.0553 JMD (High: 7.3400 / Low: 7.2847).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0174 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 7.4539) against the same month in 2013 (average: 6.7942), the exchange rate shifted by +0.6597 (+9.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.9595 | 6.8744 | 6.9102 |
| February | 7.0239 | 6.9423 | 6.9786 |
| March | 7.1061 | 6.9987 | 7.0579 |
| April | 7.1326 | 7.0705 | 7.1137 |
| May | 7.1960 | 7.1163 | 7.1701 |
| June | 7.2609 | 7.1555 | 7.2081 |
| July | 7.3207 | 7.2518 | 7.2919 |
| August | 7.3400 | 7.2847 | 7.3141 |
| September | 7.3602 | 7.2910 | 7.3176 |
| October | 7.3427 | 7.2607 | 7.3002 |
| November | 7.4350 | 7.2820 | 7.3593 |
| December | 7.4917 | 7.4133 | 7.4539 |