2024 JMD to CAD Historical Review

YEARLY HIGH

0.0093 CAD

YEARLY LOW

0.0085 CAD

YEARLY AVERAGE

0.0088 CAD

2024 JMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0093. Conversely, the yearly low was recorded on September 24, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0008 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0091, the exchange rate registered a net change of 5.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0093 was up 0.62% compared to the 2023 peak of 0.0092, 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 46 CAD

2023 Average 44 CAD

Yearly Trough Low 43 CAD

Transaction Impact: A difference of 3.81 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0092

0.0086

JanuMarcMayJulySeptNove

JMD to CAD 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 0.0087, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0087

H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 CAD (High: 0.0090 / Low: 0.0086). On the other end, May was the most stable month, with a tight range of 0.0001 CAD (High: 0.0088 / Low: 0.0087).

August Spread (Volatile) ±0.0004

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0091) against the same month in 2023 (average: 0.0086), the exchange rate shifted by +0.0005 (+5.60%).

2024 Avg (December) 0.0091

2023 Avg (December) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0087	0.0085	0.0087
February	0.0087	0.0086	0.0086
March	0.0089	0.0087	0.0088
April	0.0089	0.0087	0.0088
May	0.0088	0.0087	0.0087
June	0.0089	0.0087	0.0088
July	0.0089	0.0087	0.0088
August	0.0090	0.0086	0.0087
September	0.0087	0.0085	0.0086
October	0.0088	0.0086	0.0087
November	0.0089	0.0087	0.0088
December	0.0093	0.0089	0.0091