2024 JMD to BIF Historical Review

YEARLY HIGH

18.9984 BIF

YEARLY LOW

18.1585 BIF

YEARLY AVERAGE

18.4464 BIF

2024 JMD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.9984. Conversely, the yearly low was recorded on November 22, dropping to 18.1585.

This high-to-low spread represents a total annual volatility of 0.8398 BIF. From a start-to-finish perspective, comparing the January average rate of 18.4012 to the December average rate of 18.8453, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.9984 was up 2.60% compared to the 2023 peak of 18.5171, 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 94,992 BIF

2023 Average 82,643 BIF

Yearly Trough Low 90,793 BIF

Transaction Impact: A difference of 4,199.17 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.9011

18.2314

JanuMarcMayJulySeptNove

JMD to BIF 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 18.4194, compared to 18.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0540 points.

H1 Avg (Jan–Jun) 18.4194

H2 Avg (Jul–Dec) 18.4734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5928 BIF (High: 18.7513 / Low: 18.1585). On the other end, July was the most stable month, with a tight range of 0.1299 BIF (High: 18.4904 / Low: 18.3605).

November Spread (Volatile) ±0.5928

July Spread (Stable) ±0.1299

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.8453) against the same month in 2023 (average: 18.3544), the exchange rate shifted by +0.4909 (+2.67%).

2024 Avg (December) 18.8453

2023 Avg (December) 18.3544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5706	18.3139	18.4012
February	18.4119	18.2141	18.2872
March	18.6438	18.3152	18.5084
April	18.7089	18.3650	18.4781
May	18.4815	18.2647	18.3639
June	18.6530	18.4106	18.4776
July	18.4904	18.3605	18.4108
August	18.4599	18.3295	18.3847
September	18.5387	18.3587	18.4257
October	18.6346	18.2064	18.3423
November	18.7513	18.1585	18.4313
December	18.9984	18.4337	18.8453