2024 JMD to GMD Historical Review

YEARLY HIGH

0.4628 GMD

YEARLY LOW

0.4273 GMD

YEARLY AVERAGE

0.4400 GMD

2024 JMD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4628. Conversely, the yearly low was recorded on October 8, dropping to 0.4273.

This high-to-low spread represents a total annual volatility of 0.0355 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4340 to the December average rate of 0.4591, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4628 was up 6.22% compared to the 2023 peak of 0.4357, 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 2,314 GMD

2023 Average 2,022 GMD

Yearly Trough Low 2,137 GMD

Transaction Impact: A difference of 177.45 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4618

0.4296

JanuMarcMayJulySeptNove

JMD to GMD 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 0.4354, compared to 0.4447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.4354

H2 Avg (Jul–Dec) 0.4447

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0193 GMD (High: 0.4532 / Low: 0.4339). On the other end, June was the most stable month, with a tight range of 0.0044 GMD (High: 0.4375 / Low: 0.4331).

September Spread (Volatile) ±0.0193

June Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4591) against the same month in 2023 (average: 0.4336), the exchange rate shifted by +0.0255 (+5.87%).

2024 Avg (December) 0.4591

2023 Avg (December) 0.4336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4367	0.4318	0.4340
February	0.4357	0.4283	0.4323
March	0.4433	0.4356	0.4395
April	0.4441	0.4336	0.4378
May	0.4374	0.4317	0.4337
June	0.4375	0.4331	0.4353
July	0.4442	0.4318	0.4338
August	0.4547	0.4389	0.4457
September	0.4532	0.4339	0.4429
October	0.4441	0.4273	0.4374
November	0.4522	0.4445	0.4489
December	0.4628	0.4515	0.4591