2024 JMD to KGS Historical Review

YEARLY HIGH

0.5844 KGS

YEARLY LOW

0.5335 KGS

YEARLY AVERAGE

0.5573 KGS

2024 JMD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.5844. Conversely, the yearly low was recorded on September 24, dropping to 0.5335.

This high-to-low spread represents a total annual volatility of 0.0508 KGS. From a start-to-finish perspective, comparing the January average rate of 0.5756 to the December average rate of 0.5556, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5844 was down 0.01% compared to the 2023 peak of 0.5844, 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 2,922 KGS

2023 Average 2,851 KGS

Yearly Trough Low 2,668 KGS

Transaction Impact: A difference of 254.14 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5830

0.5327

JanuMarcMayJulySeptNove

JMD to KGS 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 0.5708, compared to 0.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 0.5708

H2 Avg (Jul–Dec) 0.5439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0181 KGS (High: 0.5550 / Low: 0.5369). On the other end, January was the most stable month, with a tight range of 0.0059 KGS (High: 0.5789 / Low: 0.5729).

July Spread (Volatile) ±0.0181

January Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0156 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5743) against the same month in 2023 (average: 0.5750), the exchange rate shifted by -0.0007 (-0.12%).

2024 Avg (April) 0.5743

2023 Avg (April) 0.5750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5789	0.5729	0.5756
February	0.5752	0.5673	0.5718
March	0.5844	0.5735	0.5789
April	0.5844	0.5674	0.5743
May	0.5685	0.5624	0.5647
June	0.5664	0.5539	0.5595
July	0.5550	0.5369	0.5439
August	0.5493	0.5374	0.5436
September	0.5428	0.5335	0.5369
October	0.5427	0.5338	0.5387
November	0.5520	0.5403	0.5448
December	0.5593	0.5510	0.5556