YEARLY HIGH
0.0118 AWG
YEARLY LOW
0.0113 AWG
YEARLY AVERAGE
0.0115 AWG

2024 JMD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0118. Conversely, the yearly low was recorded on November 17, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0005 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0115, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0118 was down 2.10% compared to the 2023 peak of 0.0120, 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 59 AWG
2023 Average 58 AWG
Yearly Trough Low 56 AWG
Transaction Impact: A difference of 2.56 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0117
0.0113
JanuMarcMayJulySeptNove

JMD to AWG 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 0.0116, compared to 0.0115 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) 0.0116
H2 Avg (Jul–Dec) 0.0115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0003 AWG (High: 0.0118 / Low: 0.0115). On the other end, July was the most stable month, with a tight range of 0.0001 AWG (High: 0.0116 / Low: 0.0115).

April Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0116) against the same month in 2023 (average: 0.0118), the exchange rate shifted by -0.0002 (-1.92%).

2024 Avg (April) 0.0116
2023 Avg (April) 0.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0115 0.0116
February 0.0116 0.0114 0.0115
March 0.0118 0.0116 0.0117
April 0.0118 0.0115 0.0116
May 0.0116 0.0115 0.0115
June 0.0116 0.0115 0.0116
July 0.0116 0.0115 0.0115
August 0.0116 0.0114 0.0115
September 0.0116 0.0114 0.0115
October 0.0114 0.0113 0.0114
November 0.0115 0.0113 0.0114
December 0.0116 0.0114 0.0115