2024 ETB to JMD Historical Review

YEARLY HIGH

2.7806 JMD

YEARLY LOW

1.2186 JMD

YEARLY AVERAGE

2.1525 JMD

2024 ETB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.7806. Conversely, the yearly low was recorded on December 30, dropping to 1.2186.

This high-to-low spread represents a total annual volatility of 1.5620 JMD. From a start-to-finish perspective, comparing the January average rate of 2.7482 to the December average rate of 1.2352, the exchange rate registered a net change of -55.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7806 was down 3.63% compared to the 2023 peak of 2.8852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,903 JMD

2023 Average 14,073 JMD

Yearly Trough Low 6,093 JMD

Transaction Impact: A difference of 7,809.98 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9144

1.0826

JanuMarcMayJulySeptNove

ETB 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 2.7322, compared to 1.5729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1593 points.

H1 Avg (Jan–Jun) 2.7322

H2 Avg (Jul–Dec) 1.5729

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.6578 JMD (High: 2.7322 / Low: 2.0743). On the other end, June was the most stable month, with a tight range of 0.0254 JMD (High: 2.7211 / Low: 2.6957).

July Spread (Volatile) ±0.6578

June Spread (Stable) ±0.0254

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1485 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.7618) against the same month in 2023 (average: 2.8719), the exchange rate shifted by -0.1101 (-3.83%).

2024 Avg (February) 2.7618

2023 Avg (February) 2.8719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7633	2.7310	2.7482
February	2.7806	2.7479	2.7618
March	2.7573	2.6994	2.7246
April	2.7430	2.6917	2.7253
May	2.7549	2.7054	2.7260
June	2.7211	2.6957	2.7071
July	2.7322	2.0743	2.6904
August	1.9841	1.3906	1.5419
September	1.4200	1.3110	1.3610
October	1.3407	1.2963	1.3159
November	1.3199	1.2466	1.2929
December	1.2631	1.2186	1.2352