2024 JMD to EGP Historical Review

YEARLY HIGH

0.3272 EGP

YEARLY LOW

0.1966 EGP

YEARLY AVERAGE

0.2897 EGP

2024 JMD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.3272. Conversely, the yearly low was recorded on February 3, dropping to 0.1966.

This high-to-low spread represents a total annual volatility of 0.1305 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1992 to the December average rate of 0.3233, the exchange rate registered a net change of 62.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3272 was up 59.09% compared to the 2023 peak of 0.2057, 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 1,636 EGP

2023 Average 995 EGP

Yearly Trough Low 983 EGP

Transaction Impact: A difference of 652.64 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3359

0.1851

JanuMarcMayJulySeptNove

JMD to EGP 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 0.2677, compared to 0.3117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 0.2677

H2 Avg (Jul–Dec) 0.3117

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1208 EGP (High: 0.3187 / Low: 0.1980). On the other end, February was the most stable month, with a tight range of 0.0024 EGP (High: 0.1990 / Low: 0.1966).

March Spread (Volatile) ±0.1208

February Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between May and August, 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 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3233) against the same month in 2023 (average: 0.1989), the exchange rate shifted by +0.1243 (+62.50%).

2024 Avg (December) 0.3233

2023 Avg (December) 0.1989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2006	0.1982	0.1992
February	0.1990	0.1966	0.1977
March	0.3187	0.1980	0.2920
April	0.3128	0.3057	0.3083
May	0.3068	0.2982	0.3025
June	0.3099	0.3034	0.3065
July	0.3104	0.3058	0.3081
August	0.3147	0.3088	0.3121
September	0.3119	0.3070	0.3085
October	0.3096	0.3048	0.3068
November	0.3152	0.3077	0.3115
December	0.3272	0.3162	0.3233