2024 FKP to JMD Historical Review

YEARLY HIGH

211.9547 JMD

YEARLY LOW

192.3539 JMD

YEARLY AVERAGE

199.8621 JMD

2024 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 211.9547. Conversely, the yearly low was recorded on April 20, dropping to 192.3539.

This high-to-low spread represents a total annual volatility of 19.6009 JMD. From a start-to-finish perspective, comparing the January average rate of 197.0640 to the December average rate of 197.6299, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 211.9547 was up 4.35% compared to the 2023 peak of 203.1099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,059,774 JMD

2023 Average 958,260 JMD

Yearly Trough Low 961,769 JMD

Transaction Impact: A difference of 98,004.39 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

209.0109

192.6343

JanuMarcMayJulySeptNove

FKP 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 196.7170, compared to 203.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2901 points.

H1 Avg (Jan–Jun) 196.7170

H2 Avg (Jul–Dec) 203.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 9.5512 JMD (High: 207.8159 / Low: 198.2647). On the other end, June was the most stable month, with a tight range of 2.5452 JMD (High: 199.1690 / Low: 196.6238).

August Spread (Volatile) ±9.5512

June Spread (Stable) ±2.5452

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 4.5520 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.5520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 207.6462) against the same month in 2023 (average: 191.4319), the exchange rate shifted by +16.2143 (+8.47%).

2024 Avg (September) 207.6462

2023 Avg (September) 191.4319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	198.1362	194.7957	197.0640
February	198.7071	195.8091	197.5308
March	199.6033	192.9665	196.4288
April	196.3728	192.3539	193.9990
May	199.2486	195.5562	197.4788
June	199.1690	196.6238	197.8008
July	203.4061	196.7537	201.2411
August	207.8159	198.2647	202.8557
September	211.9547	204.2670	207.6462
October	209.2090	203.9262	206.6109
November	206.2672	197.9712	202.0588
December	200.4672	194.8850	197.6299