YEARLY HIGH
0.0065 BSD
YEARLY LOW
0.0063 BSD
YEARLY AVERAGE
0.0064 BSD

2024 JMD to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0065. Conversely, the yearly low was recorded on November 10, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0003 BSD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0064, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0065 was down 2.17% compared to the 2023 peak of 0.0067, 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 33 BSD
2023 Average 32 BSD
Yearly Trough Low 31 BSD
Transaction Impact: A difference of 1.36 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065
0.0063
JanuMarcMayJulySeptNove

JMD to BSD 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 0.0064, compared to 0.0064 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) 0.0064
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0001 BSD (High: 0.0065 / Low: 0.0064). On the other end, July was the most stable month, with a tight range of 0.0001 BSD (High: 0.0064 / Low: 0.0064).

April Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0064) against the same month in 2023 (average: 0.0066), the exchange rate shifted by -0.0001 (-1.90%).

2024 Avg (April) 0.0064
2023 Avg (April) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0064
February 0.0064 0.0064 0.0064
March 0.0065 0.0064 0.0065
April 0.0065 0.0064 0.0064
May 0.0064 0.0064 0.0064
June 0.0065 0.0064 0.0064
July 0.0064 0.0064 0.0064
August 0.0064 0.0063 0.0064
September 0.0064 0.0063 0.0064
October 0.0064 0.0063 0.0063
November 0.0064 0.0063 0.0063
December 0.0064 0.0063 0.0064