YEARLY HIGH
0.0132 BZD
YEARLY LOW
0.0127 BZD
YEARLY AVERAGE
0.0129 BZD

2024 JMD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0132. Conversely, the yearly low was recorded on November 24, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0005 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0129, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0132 was down 1.68% compared to the 2023 peak of 0.0134, 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 66 BZD
2023 Average 65 BZD
Yearly Trough Low 63 BZD
Transaction Impact: A difference of 2.61 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0131
0.0127
JanuMarcMayJulySeptNove

JMD to BZD 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 0.0130, compared to 0.0128 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) 0.0130
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0003 BZD (High: 0.0132 / Low: 0.0129). On the other end, August was the most stable month, with a tight range of 0.0001 BZD (High: 0.0129 / Low: 0.0128).

April Spread (Volatile) ±0.0003
August 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: 0.0130) against the same month in 2023 (average: 0.0132), the exchange rate shifted by -0.0002 (-1.84%).

2024 Avg (April) 0.0130
2023 Avg (April) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0131 0.0129 0.0130
February 0.0130 0.0128 0.0129
March 0.0131 0.0129 0.0130
April 0.0132 0.0129 0.0130
May 0.0130 0.0128 0.0129
June 0.0130 0.0129 0.0129
July 0.0130 0.0128 0.0129
August 0.0129 0.0128 0.0129
September 0.0129 0.0128 0.0128
October 0.0128 0.0127 0.0127
November 0.0128 0.0127 0.0127
December 0.0129 0.0128 0.0129