YEARLY HIGH
3.0416 KMF
YEARLY LOW
2.7997 KMF
YEARLY AVERAGE
2.9110 KMF

2024 JMD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3.0416. Conversely, the yearly low was recorded on September 24, dropping to 2.7997.

This high-to-low spread represents a total annual volatility of 0.2419 KMF. From a start-to-finish perspective, comparing the January average rate of 2.9106 to the December average rate of 3.0047, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0416 was down 1.51% compared to the 2023 peak of 3.0882, 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 15,208 KMF
2023 Average 14,784 KMF
Yearly Trough Low 13,998 KMF
Transaction Impact: A difference of 1,209.50 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0227
2.8058
JanuMarcMayJulySeptNove

JMD to KMF 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 2.9284, compared to 2.8936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0348 points.

H1 Avg (Jan–Jun) 2.9284
H2 Avg (Jul–Dec) 2.8936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1340 KMF (High: 2.9785 / Low: 2.8445). On the other end, February was the most stable month, with a tight range of 0.0536 KMF (High: 2.9402 / Low: 2.8866).

November Spread (Volatile) ±0.1340
February Spread (Stable) ±0.0536

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0499 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.0047) against the same month in 2023 (average: 2.9046), the exchange rate shifted by +0.1000 (+3.44%).

2024 Avg (December) 3.0047
2023 Avg (December) 2.9046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9306 2.8732 2.9106
February 2.9402 2.8866 2.9162
March 2.9740 2.8975 2.9315
April 2.9934 2.9253 2.9596
May 2.9570 2.8970 2.9166
June 2.9635 2.8915 2.9359
July 2.9515 2.8758 2.9049
August 2.9273 2.8124 2.8550
September 2.8596 2.7997 2.8239
October 2.8784 2.8233 2.8513
November 2.9785 2.8445 2.9216
December 3.0416 2.9644 3.0047