YEARLY HIGH
0.0509 GTQ
YEARLY LOW
0.0484 GTQ
YEARLY AVERAGE
0.0496 GTQ

2024 JMD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0509. Conversely, the yearly low was recorded on November 23, dropping to 0.0484.

This high-to-low spread represents a total annual volatility of 0.0025 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0504 to the December average rate of 0.0493, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0509 was down 2.03% compared to the 2023 peak of 0.0520, 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 255 GTQ
2023 Average 254 GTQ
Yearly Trough Low 242 GTQ
Transaction Impact: A difference of 12.54 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0506
0.0486
JanuMarcMayJulySeptNove

JMD to GTQ 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 0.0501, compared to 0.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0501
H2 Avg (Jul–Dec) 0.0492

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0012 GTQ (High: 0.0509 / Low: 0.0497). On the other end, August was the most stable month, with a tight range of 0.0003 GTQ (High: 0.0495 / Low: 0.0493).

April Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0003

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0502) against the same month in 2023 (average: 0.0512), the exchange rate shifted by -0.0010 (-2.03%).

2024 Avg (April) 0.0502
2023 Avg (April) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0508 0.0502 0.0504
February 0.0502 0.0497 0.0499
March 0.0508 0.0499 0.0505
April 0.0509 0.0497 0.0502
May 0.0500 0.0495 0.0497
June 0.0501 0.0497 0.0499
July 0.0499 0.0494 0.0496
August 0.0495 0.0493 0.0494
September 0.0496 0.0490 0.0493
October 0.0492 0.0487 0.0489
November 0.0490 0.0484 0.0487
December 0.0495 0.0490 0.0493