YEARLY HIGH
0.8982 JMD
YEARLY LOW
0.8606 JMD
YEARLY AVERAGE
0.8794 JMD

2024 DJF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.8982. Conversely, the yearly low was recorded on April 3, dropping to 0.8606.

This high-to-low spread represents a total annual volatility of 0.0376 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8716 to the December average rate of 0.8795, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8982 was up 1.95% compared to the 2023 peak of 0.8810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,491 JMD
2023 Average 4,332 JMD
Yearly Trough Low 4,303 JMD
Transaction Impact: A difference of 187.78 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8933
0.8674
JanuMarcMayJulySeptNove

DJF 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 0.8745, compared to 0.8843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.8745
H2 Avg (Jul–Dec) 0.8843

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0189 JMD (High: 0.8796 / Low: 0.8606). On the other end, July was the most stable month, with a tight range of 0.0073 JMD (High: 0.8839 / Low: 0.8766).

April Spread (Volatile) ±0.0189
July Spread (Stable) ±0.0073

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 0.0117 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8912) against the same month in 2023 (average: 0.8745), the exchange rate shifted by +0.0167 (+1.91%).

2024 Avg (November) 0.8912
2023 Avg (November) 0.8745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8776 0.8646 0.8716
February 0.8828 0.8727 0.8788
March 0.8785 0.8637 0.8696
April 0.8796 0.8606 0.8722
May 0.8867 0.8731 0.8795
June 0.8799 0.8673 0.8755
July 0.8839 0.8766 0.8793
August 0.8868 0.8776 0.8822
September 0.8880 0.8751 0.8828
October 0.8976 0.8834 0.8906
November 0.8982 0.8839 0.8912
December 0.8861 0.8741 0.8795