YEARLY HIGH
0.0433 BRL
YEARLY LOW
0.0313 BRL
YEARLY AVERAGE
0.0345 BRL

2024 JMD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0433. Conversely, the yearly low was recorded on January 12, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0120 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0391, the exchange rate registered a net change of 23.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0433 was up 19.30% compared to the 2023 peak of 0.0363, 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 216 BRL
2023 Average 162 BRL
Yearly Trough Low 156 BRL
Transaction Impact: A difference of 60.13 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0399
0.0309
JanuMarcMayJulySeptNove

JMD to BRL 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 0.0327, compared to 0.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0327
H2 Avg (Jul–Dec) 0.0362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0053 BRL (High: 0.0433 / Low: 0.0380). On the other end, February was the most stable month, with a tight range of 0.0006 BRL (High: 0.0321 / Low: 0.0315).

December Spread (Volatile) ±0.0053
February Spread (Stable) ±0.0006

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 April and May, 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: 0.0391) against the same month in 2023 (average: 0.0315), the exchange rate shifted by +0.0076 (+24.15%).

2024 Avg (December) 0.0391
2023 Avg (December) 0.0315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0322 0.0313 0.0317
February 0.0321 0.0315 0.0317
March 0.0327 0.0317 0.0322
April 0.0341 0.0323 0.0331
May 0.0337 0.0323 0.0329
June 0.0358 0.0337 0.0347
July 0.0364 0.0345 0.0354
August 0.0369 0.0344 0.0355
September 0.0363 0.0345 0.0353
October 0.0366 0.0344 0.0355
November 0.0382 0.0358 0.0366
December 0.0433 0.0380 0.0391