2024 GNF to JMD Historical Review

YEARLY HIGH

0.0185 JMD

YEARLY LOW

0.0178 JMD

YEARLY AVERAGE

0.0182 JMD

2024 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0185. Conversely, the yearly low was recorded on April 3, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0007 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0181, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0185 was up 1.76% compared to the 2023 peak of 0.0182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 JMD

2023 Average 89 JMD

Yearly Trough Low 89 JMD

Transaction Impact: A difference of 3.49 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0184

0.0179

JanuMarcMayJulySeptNove

GNF 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 0.0181, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0181

H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0004 JMD (High: 0.0182 / Low: 0.0178). On the other end, June was the most stable month, with a tight range of 0.0002 JMD (High: 0.0182 / Low: 0.0180).

April Spread (Volatile) ±0.0004

June Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0184) against the same month in 2023 (average: 0.0181), the exchange rate shifted by +0.0003 (+1.71%).

2024 Avg (November) 0.0184

2023 Avg (November) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0181	0.0179	0.0180
February	0.0183	0.0180	0.0182
March	0.0181	0.0179	0.0180
April	0.0182	0.0178	0.0181
May	0.0183	0.0181	0.0182
June	0.0182	0.0180	0.0181
July	0.0182	0.0181	0.0182
August	0.0183	0.0181	0.0182
September	0.0183	0.0180	0.0182
October	0.0184	0.0181	0.0183
November	0.0185	0.0183	0.0184
December	0.0183	0.0180	0.0181