2024 BZD to JMD Historical Review

YEARLY HIGH

79.0351 JMD

YEARLY LOW

75.9070 JMD

YEARLY AVERAGE

77.5979 JMD

2024 BZD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 79.0351. Conversely, the yearly low was recorded on April 3, dropping to 75.9070.

This high-to-low spread represents a total annual volatility of 3.1281 JMD. From a start-to-finish perspective, comparing the January average rate of 76.9429 to the December average rate of 77.7368, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 79.0351 was up 1.79% compared to the 2023 peak of 77.6415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 395,175 JMD

2023 Average 382,357 JMD

Yearly Trough Low 379,535 JMD

Transaction Impact: A difference of 15,640.32 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.8007

76.5414

JanuMarcMayJulySeptNove

BZD 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 77.1661, compared to 78.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8635 points.

H1 Avg (Jan–Jun) 77.1661

H2 Avg (Jul–Dec) 78.0296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 1.6324 JMD (High: 77.5395 / Low: 75.9070). On the other end, August was the most stable month, with a tight range of 0.6046 JMD (High: 78.2209 / Low: 77.6163).

April Spread (Volatile) ±1.6324

August Spread (Stable) ±0.6046

Growth Streaks & Declines

Trends

Between 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 0.8756 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 78.6124) against the same month in 2023 (average: 77.1545), the exchange rate shifted by +1.4579 (+1.89%).

2024 Avg (November) 78.6124

2023 Avg (November) 77.1545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	77.2719	76.3569	76.9429
February	77.9246	77.1426	77.5694
March	77.4964	76.1498	76.7296
April	77.5395	75.9070	76.9670
May	77.8896	77.2062	77.5626
June	77.5195	76.8710	77.2253
July	77.8813	77.1900	77.5997
August	78.2209	77.6163	77.8002
September	78.2890	77.2980	77.9068
October	78.8481	78.0443	78.5219
November	79.0351	78.1645	78.6124
December	78.2043	77.4276	77.7368