2024 JMD to JPY Historical Review

YEARLY HIGH

1.0380 JPY

YEARLY LOW

0.8952 JPY

YEARLY AVERAGE

0.9688 JPY

2024 JMD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 1.0380. Conversely, the yearly low was recorded on September 16, dropping to 0.8952.

This high-to-low spread represents a total annual volatility of 0.1429 JPY. From a start-to-finish perspective, comparing the January average rate of 0.9426 to the December average rate of 0.9849, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0380 was up 5.96% compared to the 2023 peak of 0.9796, 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 5,190 JPY

2023 Average 4,560 JPY

Yearly Trough Low 4,476 JPY

Transaction Impact: A difference of 714.29 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0261

0.9004

JanuMarcMayJulySeptNove

JMD to JPY 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 0.9790, compared to 0.9585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.9790

H2 Avg (Jul–Dec) 0.9585

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0807 JPY (High: 1.0380 / Low: 0.9573). On the other end, February was the most stable month, with a tight range of 0.0233 JPY (High: 0.9666 / Low: 0.9432).

July Spread (Volatile) ±0.0807

February Spread (Stable) ±0.0233

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0744 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.0076) against the same month in 2023 (average: 0.9152), the exchange rate shifted by +0.0924 (+10.10%).

2024 Avg (July) 1.0076

2023 Avg (July) 0.9152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9555	0.9108	0.9426
February	0.9666	0.9432	0.9568
March	0.9885	0.9460	0.9690
April	1.0133	0.9798	0.9933
May	1.0117	0.9753	0.9965
June	1.0314	0.9990	1.0157
July	1.0380	0.9573	1.0076
August	0.9542	0.9183	0.9332
September	0.9347	0.8952	0.9109
October	0.9686	0.9139	0.9465
November	0.9887	0.9499	0.9681
December	1.0142	0.9529	0.9849