2024 JMD to BGN Historical Review

YEARLY HIGH

0.0121 BGN

YEARLY LOW

0.0111 BGN

YEARLY AVERAGE

0.0116 BGN

2024 JMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0121. Conversely, the yearly low was recorded on September 24, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0010 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0119, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0121 was down 1.45% compared to the 2023 peak of 0.0123, 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 60 BGN

2023 Average 59 BGN

Yearly Trough Low 55 BGN

Transaction Impact: A difference of 5.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0120

0.0111

JanuMarcMayJulySeptNove

JMD to BGN 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 November, with a trading range of 0.0005 BGN (High: 0.0118 / Low: 0.0113). On the other end, February was the most stable month, with a tight range of 0.0002 BGN (High: 0.0117 / Low: 0.0115).

November Spread (Volatile) ±0.0005

February 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0119) against the same month in 2023 (average: 0.0115), the exchange rate shifted by +0.0004 (+3.53%).

2024 Avg (December) 0.0119

2023 Avg (December) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0116	0.0114	0.0116
February	0.0117	0.0115	0.0116
March	0.0118	0.0115	0.0116
April	0.0119	0.0116	0.0118
May	0.0117	0.0115	0.0116
June	0.0118	0.0116	0.0117
July	0.0117	0.0114	0.0115
August	0.0116	0.0112	0.0113
September	0.0114	0.0111	0.0112
October	0.0114	0.0112	0.0113
November	0.0118	0.0113	0.0116
December	0.0121	0.0118	0.0119