2024 CRC to JMD Historical Review

YEARLY HIGH

0.3131 JMD

YEARLY LOW

0.2922 JMD

YEARLY AVERAGE

0.3034 JMD

2024 CRC to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3131. Conversely, the yearly low was recorded on June 8, dropping to 0.2922.

This high-to-low spread represents a total annual volatility of 0.0209 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3000 to the December average rate of 0.3092, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3131 was up 5.15% compared to the 2023 peak of 0.2977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,565 JMD

2023 Average 1,424 JMD

Yearly Trough Low 1,461 JMD

Transaction Impact: A difference of 104.56 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3119

0.2948

JanuMarcMayJulySeptNove

CRC 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 0.3027, compared to 0.3041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.3027

H2 Avg (Jul–Dec) 0.3041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0085 JMD (High: 0.3072 / Low: 0.2987). On the other end, February was the most stable month, with a tight range of 0.0041 JMD (High: 0.3050 / Low: 0.3008).

May Spread (Volatile) ±0.0085

February Spread (Stable) ±0.0041

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 May and June, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3104) against the same month in 2023 (average: 0.2928), the exchange rate shifted by +0.0176 (+6.01%).

2024 Avg (November) 0.3104

2023 Avg (November) 0.2928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3048	0.2964	0.3000
February	0.3050	0.3008	0.3032
March	0.3062	0.3019	0.3040
April	0.3115	0.3036	0.3077
May	0.3072	0.2987	0.3049
June	0.2987	0.2922	0.2962
July	0.3000	0.2930	0.2969
August	0.3029	0.2962	0.2987
September	0.3040	0.2975	0.3024
October	0.3091	0.3033	0.3068
November	0.3131	0.3079	0.3104
December	0.3123	0.3056	0.3092