2024 CDF to JMD Historical Review

YEARLY HIGH

0.0585 JMD

YEARLY LOW

0.0542 JMD

YEARLY AVERAGE

0.0556 JMD

2024 CDF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0585. Conversely, the yearly low was recorded on April 3, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0043 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0570 to the December average rate of 0.0548, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0585 was down 22.68% compared to the 2023 peak of 0.0757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292 JMD

2023 Average 333 JMD

Yearly Trough Low 271 JMD

Transaction Impact: A difference of 21.28 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0572

0.0546

JanuMarcMayJulySeptNove

CDF 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 0.0560, compared to 0.0551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0560

H2 Avg (Jul–Dec) 0.0551

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0020 JMD (High: 0.0585 / Low: 0.0565). On the other end, December was the most stable month, with a tight range of 0.0006 JMD (High: 0.0551 / Low: 0.0545).

January Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0570) against the same month in 2023 (average: 0.0746), the exchange rate shifted by -0.0176 (-23.65%).

2024 Avg (January) 0.0570

2023 Avg (January) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0585	0.0565	0.0570
February	0.0573	0.0563	0.0567
March	0.0563	0.0551	0.0557
April	0.0561	0.0542	0.0556
May	0.0564	0.0550	0.0559
June	0.0556	0.0546	0.0550
July	0.0554	0.0545	0.0550
August	0.0556	0.0544	0.0550
September	0.0554	0.0547	0.0551
October	0.0559	0.0550	0.0555
November	0.0558	0.0549	0.0554
December	0.0551	0.0545	0.0548