2024 JMD to HKD Historical Review

YEARLY HIGH

0.0512 HKD

YEARLY LOW

0.0487 HKD

YEARLY AVERAGE

0.0499 HKD

2024 JMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0512. Conversely, the yearly low was recorded on November 10, dropping to 0.0487.

This high-to-low spread represents a total annual volatility of 0.0025 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0504 to the December average rate of 0.0497, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0512 was down 2.44% compared to the 2023 peak of 0.0525, 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 256 HKD

2023 Average 254 HKD

Yearly Trough Low 244 HKD

Transaction Impact: A difference of 12.33 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0508

0.0489

JanuMarcMayJulySeptNove

JMD to HKD 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 0.0503, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0503

H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0012 HKD (High: 0.0512 / Low: 0.0500). On the other end, July was the most stable month, with a tight range of 0.0004 HKD (High: 0.0502 / Low: 0.0498).

April Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0505) against the same month in 2023 (average: 0.0516), the exchange rate shifted by -0.0011 (-2.13%).

2024 Avg (April) 0.0505

2023 Avg (April) 0.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0508	0.0501	0.0504
February	0.0504	0.0497	0.0500
March	0.0511	0.0502	0.0506
April	0.0512	0.0500	0.0505
May	0.0503	0.0498	0.0500
June	0.0505	0.0499	0.0502
July	0.0502	0.0498	0.0499
August	0.0503	0.0495	0.0498
September	0.0502	0.0493	0.0496
October	0.0494	0.0489	0.0491
November	0.0495	0.0487	0.0491
December	0.0499	0.0494	0.0497