2024 JMD to MXN Historical Review

YEARLY HIGH

0.1336 MXN

YEARLY LOW

0.1058 MXN

YEARLY AVERAGE

0.1171 MXN

2024 JMD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1336. Conversely, the yearly low was recorded on April 9, dropping to 0.1058.

This high-to-low spread represents a total annual volatility of 0.0278 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1100 to the December average rate of 0.1295, the exchange rate registered a net change of 17.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1336 was up 3.65% compared to the 2023 peak of 0.1289, 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 668 MXN

2023 Average 576 MXN

Yearly Trough Low 529 MXN

Transaction Impact: A difference of 138.99 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1317

0.1053

JanuMarcMayJulySeptNove

JMD to MXN 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 0.1101, compared to 0.1241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.1101

H2 Avg (Jul–Dec) 0.1241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0114 MXN (High: 0.1206 / Low: 0.1092). On the other end, February was the most stable month, with a tight range of 0.0016 MXN (High: 0.1102 / Low: 0.1086).

June Spread (Volatile) ±0.0114

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1295) against the same month in 2023 (average: 0.1105), the exchange rate shifted by +0.0190 (+17.15%).

2024 Avg (December) 0.1295

2023 Avg (December) 0.1105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1114	0.1086	0.1100
February	0.1102	0.1086	0.1093
March	0.1095	0.1076	0.1085
April	0.1104	0.1058	0.1084
May	0.1094	0.1059	0.1075
June	0.1206	0.1092	0.1168
July	0.1201	0.1126	0.1158
August	0.1262	0.1183	0.1222
September	0.1284	0.1216	0.1248
October	0.1273	0.1215	0.1242
November	0.1313	0.1252	0.1282
December	0.1336	0.1284	0.1295