2024 JMD to BBD Historical Review

YEARLY HIGH

0.0131 BBD

YEARLY LOW

0.0125 BBD

YEARLY AVERAGE

0.0128 BBD

2024 JMD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0131. Conversely, the yearly low was recorded on November 10, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0005 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0128, 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 0.0131 was down 2.17% compared to the 2023 peak of 0.0134, 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 65 BBD

2023 Average 65 BBD

Yearly Trough Low 63 BBD

Transaction Impact: A difference of 2.72 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0130

0.0126

JanuMarcMayJulySeptNove

JMD to BBD 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 0.0129, compared to 0.0127 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) 0.0129

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0003 BBD (High: 0.0131 / Low: 0.0128). On the other end, July was the most stable month, with a tight range of 0.0001 BBD (High: 0.0129 / Low: 0.0127).

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: 0.0129) against the same month in 2023 (average: 0.0131), the exchange rate shifted by -0.0002 (-1.90%).

2024 Avg (April) 0.0129

2023 Avg (April) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0128	0.0129
February	0.0129	0.0127	0.0128
March	0.0131	0.0128	0.0129
April	0.0131	0.0128	0.0129
May	0.0129	0.0127	0.0128
June	0.0129	0.0128	0.0128
July	0.0129	0.0127	0.0128
August	0.0129	0.0127	0.0128
September	0.0129	0.0127	0.0127
October	0.0127	0.0126	0.0126
November	0.0127	0.0125	0.0126
December	0.0129	0.0127	0.0128