YEARLY HIGH
3.6549 JMD
YEARLY LOW
3.3160 JMD
YEARLY AVERAGE
3.5219 JMD

2016 MUR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 3.6549. Conversely, the yearly low was recorded on January 7, dropping to 3.3160.

This high-to-low spread represents a total annual volatility of 0.3389 JMD. From a start-to-finish perspective, comparing the January average rate of 3.3401 to the December average rate of 3.5870, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.6549 was up 0.99% compared to the 2015 peak of 3.6192, 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 18,275 JMD
2015 Average 16,649 JMD
Yearly Trough Low 16,580 JMD
Transaction Impact: A difference of 1,694.57 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6372
3.3131
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 3.4450, compared to 3.5987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1537 points.

H1 Avg (Jan–Jun) 3.4450
H2 Avg (Jul–Dec) 3.5987

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0898 JMD (High: 3.6549 / Low: 3.5652). On the other end, July was the most stable month, with a tight range of 0.0247 JMD (High: 3.5874 / Low: 3.5626).

August Spread (Volatile) ±0.0898
July Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0232 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 3.6092) against the same month in 2015 (average: 3.3079), the exchange rate shifted by +0.3013 (+9.11%).

2016 Avg (August) 3.6092
2015 Avg (August) 3.3079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3591 3.3160 3.3401
February 3.4147 3.3519 3.3910
March 3.4478 3.3722 3.4150
April 3.5078 3.4548 3.4746
May 3.5520 3.4818 3.5163
June 3.5599 3.4986 3.5331
July 3.5874 3.5626 3.5722
August 3.6549 3.5652 3.6092
September 3.6199 3.5920 3.6099
October 3.6224 3.5889 3.6038
November 3.6466 3.5833 3.6102
December 3.5992 3.5709 3.5870