2024 JMD to DJF Historical Review

YEARLY HIGH

1.1619 DJF

YEARLY LOW

1.1133 DJF

YEARLY AVERAGE

1.1372 DJF

2024 JMD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 1.1619. Conversely, the yearly low was recorded on November 23, dropping to 1.1133.

This high-to-low spread represents a total annual volatility of 0.0486 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1473 to the December average rate of 1.1371, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1619 was down 1.72% compared to the 2023 peak of 1.1823, 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 5,810 DJF

2023 Average 5,772 DJF

Yearly Trough Low 5,567 DJF

Transaction Impact: A difference of 242.91 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1528

1.1193

JanuMarcMayJulySeptNove

JMD to DJF 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 1.1435, compared to 1.1309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 1.1435

H2 Avg (Jul–Dec) 1.1309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0250 DJF (High: 1.1619 / Low: 1.1369). On the other end, July was the most stable month, with a tight range of 0.0094 DJF (High: 1.1408 / Low: 1.1314).

April Spread (Volatile) ±0.0250

July Spread (Stable) ±0.0094

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 September and October, when the average rate fell by 0.0099 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.1466) against the same month in 2023 (average: 1.1676), the exchange rate shifted by -0.0210 (-1.80%).

2024 Avg (April) 1.1466

2023 Avg (April) 1.1676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1566	1.1394	1.1473
February	1.1459	1.1327	1.1379
March	1.1578	1.1383	1.1500
April	1.1619	1.1369	1.1466
May	1.1454	1.1277	1.1370
June	1.1530	1.1364	1.1422
July	1.1408	1.1314	1.1372
August	1.1395	1.1277	1.1335
September	1.1427	1.1261	1.1328
October	1.1320	1.1141	1.1229
November	1.1313	1.1133	1.1221
December	1.1440	1.1285	1.1371