2024 JMD to CNY Historical Review

YEARLY HIGH

0.0473 CNY

YEARLY LOW

0.0442 CNY

YEARLY AVERAGE

0.0459 CNY

2024 JMD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0473. Conversely, the yearly low was recorded on October 6, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0031 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0459 to the December average rate of 0.0466, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0473 was down 0.47% compared to the 2023 peak of 0.0475, 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 237 CNY

2023 Average 230 CNY

Yearly Trough Low 221 CNY

Transaction Impact: A difference of 15.42 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0468

0.0446

JanuMarcMayJulySeptNove

JMD to CNY 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 0.0462, compared to 0.0456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0462

H2 Avg (Jul–Dec) 0.0456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0017 CNY (High: 0.0473 / Low: 0.0457). On the other end, October was the most stable month, with a tight range of 0.0008 CNY (High: 0.0451 / Low: 0.0442).

April Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0008

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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0466) against the same month in 2023 (average: 0.0453), the exchange rate shifted by +0.0013 (+2.97%).

2024 Avg (April) 0.0466

2023 Avg (April) 0.0453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0464	0.0455	0.0459
February	0.0462	0.0452	0.0458
March	0.0472	0.0460	0.0466
April	0.0473	0.0457	0.0466
May	0.0464	0.0451	0.0459
June	0.0468	0.0454	0.0464
July	0.0467	0.0457	0.0464
August	0.0463	0.0451	0.0456
September	0.0458	0.0445	0.0450
October	0.0451	0.0442	0.0448
November	0.0460	0.0449	0.0455
December	0.0469	0.0460	0.0466