YEARLY HIGH
0.1185 MDL
YEARLY LOW
0.1096 MDL
YEARLY AVERAGE
0.1134 MDL

2024 JMD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1185. Conversely, the yearly low was recorded on August 29, dropping to 0.1096.

This high-to-low spread represents a total annual volatility of 0.0089 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1136 to the December average rate of 0.1171, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1185 was down 6.58% compared to the 2023 peak of 0.1268, 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 592 MDL
2023 Average 587 MDL
Yearly Trough Low 548 MDL
Transaction Impact: A difference of 44.44 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1178
0.1100
JanuMarcMayJulySeptNove

JMD to MDL 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 0.1138, compared to 0.1130 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) 0.1138
H2 Avg (Jul–Dec) 0.1130

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0041 MDL (High: 0.1137 / Low: 0.1096). On the other end, May was the most stable month, with a tight range of 0.0011 MDL (High: 0.1135 / Low: 0.1124).

August Spread (Volatile) ±0.0041
May Spread (Stable) ±0.0011

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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1171) against the same month in 2023 (average: 0.1134), the exchange rate shifted by +0.0038 (+3.31%).

2024 Avg (December) 0.1171
2023 Avg (December) 0.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1146 0.1119 0.1136
February 0.1145 0.1128 0.1138
March 0.1154 0.1133 0.1142
April 0.1155 0.1130 0.1143
May 0.1135 0.1124 0.1130
June 0.1147 0.1129 0.1138
July 0.1145 0.1122 0.1132
August 0.1137 0.1096 0.1116
September 0.1120 0.1099 0.1106
October 0.1133 0.1103 0.1116
November 0.1162 0.1122 0.1139
December 0.1185 0.1160 0.1171