YEARLY HIGH
0.0059 CHF
YEARLY LOW
0.0053 CHF
YEARLY AVERAGE
0.0056 CHF

2024 JMD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0059. Conversely, the yearly low was recorded on September 24, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0006 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0057, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0059 was down 4.64% compared to the 2023 peak of 0.0062, 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 30 CHF
2023 Average 29 CHF
Yearly Trough Low 27 CHF
Transaction Impact: A difference of 2.91 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0059
0.0053
JanuMarcMayJulySeptNove

JMD to CHF 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 0.0057, compared to 0.0055 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) 0.0057
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 CHF (High: 0.0059 / Low: 0.0056). On the other end, April was the most stable month, with a tight range of 0.0001 CHF (High: 0.0059 / Low: 0.0058).

March Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0059) against the same month in 2023 (average: 0.0059), the exchange rate shifted by -0.0000 (-0.68%).

2024 Avg (April) 0.0059
2023 Avg (April) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0054 0.0055
February 0.0057 0.0055 0.0056
March 0.0059 0.0056 0.0058
April 0.0059 0.0058 0.0059
May 0.0059 0.0058 0.0058
June 0.0058 0.0057 0.0057
July 0.0058 0.0056 0.0057
August 0.0056 0.0054 0.0055
September 0.0054 0.0053 0.0054
October 0.0055 0.0054 0.0054
November 0.0056 0.0055 0.0056
December 0.0058 0.0056 0.0057