2024 JMD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JMD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 586.1557. Conversely, the yearly low was recorded on February 14, dropping to 95.5623.
This high-to-low spread represents a total annual volatility of 490.5934 LBP. From a start-to-finish perspective, comparing the January average rate of 96.9280 to the December average rate of 572.3303, the exchange rate registered a net change of 490.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 586.1557 was up 480.13% compared to the 2023 peak of 101.0383, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JMD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 438.2278, compared to 569.5920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 131.3642 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 479.3469 LBP (High: 574.9092 / Low: 95.5623). On the other end, January was the most stable month, with a tight range of 1.1695 LBP (High: 97.5211 / Low: 96.3516).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 4.4623 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 577.2817) against the same month in 2023 (average: 99.2253), the exchange rate shifted by +478.0564 (+481.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.5211 | 96.3516 | 96.9280 |
| February | 574.9092 | 95.5623 | 227.6705 |
| March | 583.8600 | 572.4387 | 579.3121 |
| April | 586.1557 | 573.2085 | 577.2817 |
| May | 575.6578 | 570.4732 | 572.8194 |
| June | 578.0664 | 572.9094 | 575.3549 |
| July | 575.5238 | 570.9268 | 572.5662 |
| August | 573.4905 | 568.0602 | 571.1444 |
| September | 576.4873 | 567.4824 | 570.2991 |
| October | 569.2100 | 563.5699 | 565.8739 |
| November | 568.8931 | 562.0045 | 565.3381 |
| December | 575.4262 | 568.7087 | 572.3303 |