2024 JMD to AED Historical Review

YEARLY HIGH

0.0240 AED

YEARLY LOW

0.0230 AED

YEARLY AVERAGE

0.0235 AED

2024 JMD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0240. Conversely, the yearly low was recorded on November 10, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0010 AED. From a start-to-finish perspective, comparing the January average rate of 0.0237 to the December average rate of 0.0235, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0240 was down 2.18% compared to the 2023 peak of 0.0246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 AED

2023 Average 119 AED

Yearly Trough Low 115 AED

Transaction Impact: A difference of 4.99 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0238

0.0231

JanuMarcMayJulySeptNove

JMD to AED 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 0.0236, compared to 0.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0236

H2 Avg (Jul–Dec) 0.0234

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0005 AED (High: 0.0240 / Low: 0.0235). On the other end, July was the most stable month, with a tight range of 0.0002 AED (High: 0.0236 / Low: 0.0234).

April Spread (Volatile) ±0.0005

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0237) against the same month in 2023 (average: 0.0241), the exchange rate shifted by -0.0005 (-1.89%).

2024 Avg (April) 0.0237

2023 Avg (April) 0.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0239	0.0236	0.0237
February	0.0237	0.0233	0.0235
March	0.0240	0.0236	0.0238
April	0.0240	0.0235	0.0237
May	0.0237	0.0234	0.0235
June	0.0237	0.0235	0.0236
July	0.0236	0.0234	0.0235
August	0.0237	0.0233	0.0234
September	0.0236	0.0233	0.0234
October	0.0234	0.0231	0.0232
November	0.0234	0.0230	0.0232
December	0.0236	0.0233	0.0235