YEARLY HIGH
0.6225 ALL
YEARLY LOW
0.5615 ALL
YEARLY AVERAGE
0.5953 ALL

2024 JMD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.6225. Conversely, the yearly low was recorded on September 30, dropping to 0.5615.

This high-to-low spread represents a total annual volatility of 0.0610 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6140 to the December average rate of 0.5999, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6225 was down 14.80% compared to the 2023 peak of 0.7306, 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 3,113 ALL
2023 Average 3,265 ALL
Yearly Trough Low 2,807 ALL
Transaction Impact: A difference of 305.18 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6201
0.5651
JanuMarcMayJulySeptNove

JMD to ALL 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 0.6082, compared to 0.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 0.6082
H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0244 ALL (High: 0.5930 / Low: 0.5686). On the other end, May was the most stable month, with a tight range of 0.0104 ALL (High: 0.6009 / Low: 0.5905).

November Spread (Volatile) ±0.0244
May Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0151 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.6155) against the same month in 2023 (average: 0.7037), the exchange rate shifted by -0.0882 (-12.54%).

2024 Avg (March) 0.6155
2023 Avg (March) 0.7037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6190 0.6054 0.6140
February 0.6218 0.6088 0.6153
March 0.6225 0.6104 0.6155
April 0.6218 0.6008 0.6102
May 0.6009 0.5905 0.5951
June 0.6041 0.5921 0.5992
July 0.5996 0.5857 0.5914
August 0.5931 0.5699 0.5792
September 0.5789 0.5615 0.5696
October 0.5762 0.5654 0.5717
November 0.5930 0.5686 0.5821
December 0.6084 0.5913 0.5999