2024 JMD to CDF Historical Review

YEARLY HIGH

18.4371 CDF

YEARLY LOW

17.0955 CDF

YEARLY AVERAGE

18.0032 CDF

2024 JMD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 18.4371. Conversely, the yearly low was recorded on January 20, dropping to 17.0955.

This high-to-low spread represents a total annual volatility of 1.3416 CDF. From a start-to-finish perspective, comparing the January average rate of 17.5526 to the December average rate of 18.2471, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.4371 was up 2.43% compared to the 2023 peak of 17.9992, 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 92,185 CDF

2023 Average 75,809 CDF

Yearly Trough Low 85,477 CDF

Transaction Impact: A difference of 6,707.84 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.3165

17.4831

JanuMarcMayJulySeptNove

JMD to CDF 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 17.8680, compared to 18.1384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2704 points.

H1 Avg (Jan–Jun) 17.8680

H2 Avg (Jul–Dec) 18.1384

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6147 CDF (High: 17.7102 / Low: 17.0955). On the other end, December was the most stable month, with a tight range of 0.1968 CDF (High: 18.3516 / Low: 18.1548).

January Spread (Volatile) ±0.6147

December Spread (Stable) ±0.1968

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 0.1133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 18.0014) against the same month in 2023 (average: 13.6796), the exchange rate shifted by +4.3218 (+31.59%).

2024 Avg (April) 18.0014

2023 Avg (April) 13.6796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.7102	17.0955	17.5526
February	17.7708	17.4598	17.6255
March	18.1637	17.7654	17.9484
April	18.4371	17.8402	18.0014
May	18.1665	17.7460	17.8881
June	18.3044	17.9757	18.1921
July	18.3395	18.0615	18.1871
August	18.3860	18.0007	18.1828
September	18.2790	18.0429	18.1350
October	18.1869	17.8901	18.0288
November	18.2100	17.9198	18.0497
December	18.3516	18.1548	18.2471