2024 JMD to BOB Historical Review

YEARLY HIGH

0.0452 BOB

YEARLY LOW

0.0433 BOB

YEARLY AVERAGE

0.0442 BOB

2024 JMD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0452. Conversely, the yearly low was recorded on November 23, dropping to 0.0433.

This high-to-low spread represents a total annual volatility of 0.0018 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0446 to the December average rate of 0.0442, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0452 was down 1.68% compared to the 2023 peak of 0.0460, 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 226 BOB

2023 Average 224 BOB

Yearly Trough Low 217 BOB

Transaction Impact: A difference of 9.24 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0448

0.0436

JanuMarcMayJulySeptNove

JMD to BOB 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 0.0444, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0010 BOB (High: 0.0452 / Low: 0.0442). On the other end, August was the most stable month, with a tight range of 0.0002 BOB (High: 0.0442 / Low: 0.0440).

March Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0447) against the same month in 2023 (average: 0.0454), the exchange rate shifted by -0.0007 (-1.60%).

2024 Avg (March) 0.0447

2023 Avg (March) 0.0454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0449	0.0444	0.0446
February	0.0446	0.0440	0.0442
March	0.0452	0.0442	0.0447
April	0.0452	0.0443	0.0446
May	0.0445	0.0440	0.0442
June	0.0446	0.0442	0.0444
July	0.0444	0.0440	0.0442
August	0.0442	0.0440	0.0441
September	0.0444	0.0438	0.0440
October	0.0439	0.0435	0.0437
November	0.0439	0.0433	0.0437
December	0.0446	0.0439	0.0442