2024 JMD to GYD Historical Review

YEARLY HIGH

1.3817 GYD

YEARLY LOW

1.3119 GYD

YEARLY AVERAGE

1.3381 GYD

2024 JMD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.3817. Conversely, the yearly low was recorded on November 23, dropping to 1.3119.

This high-to-low spread represents a total annual volatility of 0.0698 GYD. From a start-to-finish perspective, comparing the January average rate of 1.3496 to the December average rate of 1.3369, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3817 was down 1.73% compared to the 2023 peak of 1.4060, 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 6,908 GYD

2023 Average 6,820 GYD

Yearly Trough Low 6,560 GYD

Transaction Impact: A difference of 348.92 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3578

1.3167

JanuMarcMayJulySeptNove

JMD to GYD 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 1.3457, compared to 1.3304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 1.3457

H2 Avg (Jul–Dec) 1.3304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0424 GYD (High: 1.3817 / Low: 1.3393). On the other end, August was the most stable month, with a tight range of 0.0104 GYD (High: 1.3372 / Low: 1.3268).

March Spread (Volatile) ±0.0424

August Spread (Stable) ±0.0104

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 0.0112 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.3544) against the same month in 2023 (average: 1.3871), the exchange rate shifted by -0.0327 (-2.36%).

2024 Avg (March) 1.3544

2023 Avg (March) 1.3871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3593	1.3431	1.3496
February	1.3455	1.3319	1.3384
March	1.3817	1.3393	1.3544
April	1.3685	1.3385	1.3494
May	1.3464	1.3325	1.3386
June	1.3510	1.3384	1.3440
July	1.3447	1.3335	1.3376
August	1.3372	1.3268	1.3341
September	1.3428	1.3258	1.3322
October	1.3299	1.3158	1.3217
November	1.3279	1.3119	1.3201
December	1.3441	1.3279	1.3369