2024 BRL to JMD Historical Review

YEARLY HIGH

31.9867 JMD

YEARLY LOW

23.1008 JMD

YEARLY AVERAGE

29.1233 JMD

2024 BRL to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 31.9867. Conversely, the yearly low was recorded on December 25, dropping to 23.1008.

This high-to-low spread represents a total annual volatility of 8.8859 JMD. From a start-to-finish perspective, comparing the January average rate of 31.5918 to the December average rate of 25.5607, the exchange rate registered a net change of -19.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.9867 was down 2.28% compared to the 2023 peak of 32.7341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 799,668 JMD

2023 Average 771,984 JMD

Yearly Trough Low 577,521 JMD

Transaction Impact: A difference of 222,147.32 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.1949

24.9576

JanuMarcMayJulySeptNove

BRL 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 30.6065, compared to 27.6400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9665 points.

H1 Avg (Jan–Jun) 30.6065

H2 Avg (Jul–Dec) 27.6400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.2231 JMD (High: 26.3239 / Low: 23.1008). On the other end, February was the most stable month, with a tight range of 0.6318 JMD (High: 31.7897 / Low: 31.1579).

December Spread (Volatile) ±3.2231

February Spread (Stable) ±0.6318

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7436 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.7436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 31.5918) against the same month in 2023 (average: 29.4806), the exchange rate shifted by +2.1112 (+7.16%).

2024 Avg (January) 31.5918

2023 Avg (January) 29.4806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9867	31.0819	31.5918
February	31.7897	31.1579	31.4993
March	31.5128	30.6184	31.0147
April	30.9243	29.3683	30.2554
May	30.9387	29.6539	30.4241
June	29.6450	27.8943	28.8540
July	28.9607	27.4946	28.2290
August	29.0371	27.0666	28.2131
September	29.0010	27.5404	28.3555
October	29.0813	27.3041	28.1776
November	27.8982	26.1886	27.3044
December	26.3239	23.1008	25.5607