2024 JMD to ETB Historical Review

YEARLY HIGH

0.8206 ETB

YEARLY LOW

0.3596 ETB

YEARLY AVERAGE

0.5253 ETB

2024 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8206. Conversely, the yearly low was recorded on February 3, dropping to 0.3596.

This high-to-low spread represents a total annual volatility of 0.4610 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3639 to the December average rate of 0.8097, the exchange rate registered a net change of 122.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8206 was up 125.12% compared to the 2023 peak of 0.3645, 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 4,103 ETB

2023 Average 1,777 ETB

Yearly Trough Low 1,798 ETB

Transaction Impact: A difference of 2,304.89 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8544

0.3173

JanuMarcMayJulySeptNove

JMD to ETB 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 0.3660, compared to 0.6846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3186 points.

H1 Avg (Jan–Jun) 0.3660

H2 Avg (Jul–Dec) 0.6846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2151 ETB (High: 0.7191 / Low: 0.5040). On the other end, June was the most stable month, with a tight range of 0.0035 ETB (High: 0.3710 / Low: 0.3675).

August Spread (Volatile) ±0.2151

June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0018 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8097) against the same month in 2023 (average: 0.3616), the exchange rate shifted by +0.4481 (+123.92%).

2024 Avg (December) 0.8097

2023 Avg (December) 0.3616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3662	0.3619	0.3639
February	0.3639	0.3596	0.3621
March	0.3705	0.3627	0.3670
April	0.3715	0.3646	0.3669
May	0.3696	0.3630	0.3668
June	0.3710	0.3675	0.3694
July	0.4821	0.3660	0.3725
August	0.7191	0.5040	0.6567
September	0.7628	0.7042	0.7352
October	0.7715	0.7459	0.7600
November	0.8022	0.7577	0.7736
December	0.8206	0.7917	0.8097