YEARLY HIGH
0.0088 BND
YEARLY LOW
0.0081 BND
YEARLY AVERAGE
0.0085 BND

2024 JMD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0088. Conversely, the yearly low was recorded on September 30, dropping to 0.0081.

This high-to-low spread represents a total annual volatility of 0.0007 BND. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0086, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0088 was down 0.87% compared to the 2023 peak of 0.0089, 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 44 BND
2023 Average 44 BND
Yearly Trough Low 41 BND
Transaction Impact: A difference of 3.44 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0088
0.0082
JanuMarcMayJulySeptNove

JMD to BND 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 0.0087, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0087
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 BND (High: 0.0085 / Low: 0.0083). On the other end, June was the most stable month, with a tight range of 0.0001 BND (High: 0.0087 / Low: 0.0087).

August Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 (April 2024: 0.0087) against the same month in 2023 (average: 0.0087), the exchange rate shifted by +0.0000 (+0.02%).

2024 Avg (April) 0.0087
2023 Avg (April) 0.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0085 0.0086
February 0.0087 0.0085 0.0086
March 0.0088 0.0086 0.0087
April 0.0088 0.0087 0.0087
May 0.0087 0.0086 0.0086
June 0.0087 0.0087 0.0087
July 0.0087 0.0086 0.0086
August 0.0085 0.0083 0.0084
September 0.0084 0.0081 0.0083
October 0.0084 0.0082 0.0083
November 0.0085 0.0083 0.0084
December 0.0087 0.0085 0.0086