2024 AWG to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AWG to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AWG to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 88.7413. Conversely, the yearly low was recorded on April 3, dropping to 84.8872.
This high-to-low spread represents a total annual volatility of 3.8541 JMD. From a start-to-finish perspective, comparing the January average rate of 86.0857 to the December average rate of 86.8883, the exchange rate registered a net change of 0.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 88.7413 was up 0.79% compared to the 2023 peak of 88.0490, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AWG 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 86.3360, compared to 87.3167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9807 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 2.0528 JMD (High: 86.9400 / Low: 84.8872). On the other end, July was the most stable month, with a tight range of 0.8377 JMD (High: 87.1608 / Low: 86.3231).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1341 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 88.0223) against the same month in 2023 (average: 86.4488), the exchange rate shifted by +1.5735 (+1.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 86.6124 | 85.4993 | 86.0857 |
| February | 87.3419 | 86.2667 | 86.8294 |
| March | 86.5025 | 84.9807 | 85.8019 |
| April | 86.9400 | 84.8872 | 86.1150 |
| May | 87.1773 | 86.1239 | 86.7595 |
| June | 86.8116 | 85.9080 | 86.4245 |
| July | 87.1608 | 86.3231 | 86.8239 |
| August | 87.4696 | 86.1349 | 87.0116 |
| September | 87.6993 | 86.3467 | 87.2042 |
| October | 88.2627 | 87.3812 | 87.9498 |
| November | 88.7413 | 87.2453 | 88.0223 |
| December | 87.5125 | 86.4196 | 86.8883 |