2024 JMD to GNF Historical Review

YEARLY HIGH

56.1719 GNF

YEARLY LOW

54.0521 GNF

YEARLY AVERAGE

55.0759 GNF

2024 JMD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 56.1719. Conversely, the yearly low was recorded on November 23, dropping to 54.0521.

This high-to-low spread represents a total annual volatility of 2.1199 GNF. From a start-to-finish perspective, comparing the January average rate of 55.4279 to the December average rate of 55.1775, the exchange rate registered a net change of -0.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.1719 was down 2.78% compared to the 2023 peak of 57.7797, 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 280,860 GNF

2023 Average 279,731 GNF

Yearly Trough Low 270,260 GNF

Transaction Impact: A difference of 10,599.34 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.7116

54.3153

JanuMarcMayJulySeptNove

JMD to GNF 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 55.2821, compared to 54.8697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4124 points.

H1 Avg (Jan–Jun) 55.2821

H2 Avg (Jul–Dec) 54.8697

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 1.3476 GNF (High: 56.1719 / Low: 54.8243). On the other end, June was the most stable month, with a tight range of 0.4730 GNF (High: 55.5278 / Low: 55.0548).

April Spread (Volatile) ±1.3476

June Spread (Stable) ±0.4730

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 0.4752 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 55.3987) against the same month in 2023 (average: 56.5300), the exchange rate shifted by -1.1313 (-2.00%).

2024 Avg (April) 55.3987

2023 Avg (April) 56.5300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.8499	55.1848	55.4279
February	55.4482	54.7916	55.0094
March	55.9844	55.1399	55.5952
April	56.1719	54.8243	55.3987
May	55.2981	54.7337	54.9877
June	55.5278	55.0548	55.2740
July	55.3474	54.8716	55.0564
August	55.1946	54.6942	55.0002
September	55.5094	54.7468	55.0139
October	55.1543	54.2805	54.5387
November	54.7656	54.0521	54.4316
December	55.5315	54.7397	55.1775