YEARLY HIGH
0.5496 BTN
YEARLY LOW
0.5277 BTN
YEARLY AVERAGE
0.5350 BTN

2024 JMD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5496. Conversely, the yearly low was recorded on February 3, dropping to 0.5277.

This high-to-low spread represents a total annual volatility of 0.0219 BTN. From a start-to-finish perspective, comparing the January average rate of 0.5359 to the December average rate of 0.5431, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5496 was up 0.08% compared to the 2023 peak of 0.5492, 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 2,748 BTN
2023 Average 2,679 BTN
Yearly Trough Low 2,639 BTN
Transaction Impact: A difference of 109.45 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5443
0.5294
JanuMarcMayJulySeptNove

JMD to BTN 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 0.5351, compared to 0.5349 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) 0.5351
H2 Avg (Jul–Dec) 0.5349

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0139 BTN (High: 0.5435 / Low: 0.5296). On the other end, August was the most stable month, with a tight range of 0.0040 BTN (High: 0.5365 / Low: 0.5325).

March Spread (Volatile) ±0.0139
August Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5431) against the same month in 2023 (average: 0.5365), the exchange rate shifted by +0.0066 (+1.24%).

2024 Avg (December) 0.5431
2023 Avg (December) 0.5365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5445 0.5330 0.5359
February 0.5338 0.5277 0.5307
March 0.5435 0.5296 0.5368
April 0.5453 0.5336 0.5375
May 0.5379 0.5311 0.5333
June 0.5381 0.5335 0.5362
July 0.5366 0.5324 0.5344
August 0.5365 0.5325 0.5350
September 0.5391 0.5301 0.5336
October 0.5334 0.5289 0.5309
November 0.5369 0.5290 0.5322
December 0.5496 0.5369 0.5431