2024 PHP to JMD Historical Review

YEARLY HIGH

2.8317 JMD

YEARLY LOW

2.6350 JMD

YEARLY AVERAGE

2.7303 JMD

2024 PHP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 2.8317. Conversely, the yearly low was recorded on December 18, dropping to 2.6350.

This high-to-low spread represents a total annual volatility of 0.1967 JMD. From a start-to-finish perspective, comparing the January average rate of 2.7710 to the December average rate of 2.6773, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8317 was down 2.55% compared to the 2023 peak of 2.9059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 707,925 JMD

2023 Average 692,611 JMD

Yearly Trough Low 658,762 JMD

Transaction Impact: A difference of 49,162.78 JMD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

2.8181

2.6367

JanuMarcMayJulySeptNove

PHP 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 2.7338, compared to 2.7268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 2.7338

H2 Avg (Jul–Dec) 2.7268

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1243 JMD (High: 2.8002 / Low: 2.6759). On the other end, June was the most stable month, with a tight range of 0.0363 JMD (High: 2.6721 / Low: 2.6359).

August Spread (Volatile) ±0.1243

June Spread (Stable) ±0.0363

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0556 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.8030) against the same month in 2023 (average: 2.7211), the exchange rate shifted by +0.0818 (+3.01%).

2024 Avg (September) 2.8030

2023 Avg (September) 2.7211

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	2.7967	2.7496	2.7710
February	2.8105	2.7706	2.7915
March	2.8026	2.7165	2.7649
April	2.7513	2.6978	2.7188
May	2.7502	2.6584	2.7050
June	2.6721	2.6359	2.6518
July	2.6940	2.6474	2.6740
August	2.8002	2.6759	2.7503
September	2.8317	2.7494	2.8030
October	2.8169	2.7126	2.7558
November	2.7291	2.6701	2.7003
December	2.7157	2.6350	2.6773

2024 PHP থেকে JMD-এর ঐতিহাসিক পর্যালোচনা