YEARLY HIGH
0.0103 AUD
YEARLY LOW
0.0092 AUD
YEARLY AVERAGE
0.0097 AUD

2024 JMD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0103. Conversely, the yearly low was recorded on September 24, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0012 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0101, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0103 was up 0.82% compared to the 2023 peak of 0.0103, 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 52 AUD
2023 Average 49 AUD
Yearly Trough Low 46 AUD
Transaction Impact: A difference of 5.88 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0102
0.0093
JanuMarcMayJulySeptNove

JMD to AUD 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 0.0098, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 AUD (High: 0.0099 / Low: 0.0093). On the other end, June was the most stable month, with a tight range of 0.0002 AUD (High: 0.0098 / Low: 0.0096).

August Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0101) against the same month in 2023 (average: 0.0096), the exchange rate shifted by +0.0005 (+5.25%).

2024 Avg (December) 0.0101
2023 Avg (December) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0098 0.0095 0.0097
February 0.0099 0.0097 0.0098
March 0.0100 0.0097 0.0099
April 0.0100 0.0097 0.0099
May 0.0098 0.0096 0.0097
June 0.0098 0.0096 0.0097
July 0.0098 0.0094 0.0096
August 0.0099 0.0093 0.0096
September 0.0096 0.0092 0.0094
October 0.0096 0.0092 0.0094
November 0.0098 0.0095 0.0097
December 0.0103 0.0098 0.0101