2024 JMD to NIO Historical Review

YEARLY HIGH

0.2406 NIO

YEARLY LOW

0.2305 NIO

YEARLY AVERAGE

0.2352 NIO

2024 JMD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.2406. Conversely, the yearly low was recorded on November 22, dropping to 0.2305.

This high-to-low spread represents a total annual volatility of 0.0100 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2363 to the December average rate of 0.2352, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2406 was down 1.04% compared to the 2023 peak of 0.2431, 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 1,203 NIO

2023 Average 1,186 NIO

Yearly Trough Low 1,153 NIO

Transaction Impact: A difference of 50.22 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2385

0.2316

JanuMarcMayJulySeptNove

JMD to NIO 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 0.2364, compared to 0.2340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.2364

H2 Avg (Jul–Dec) 0.2340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0050 NIO (High: 0.2406 / Low: 0.2356). On the other end, June was the most stable month, with a tight range of 0.0019 NIO (High: 0.2374 / Low: 0.2355).

April Spread (Volatile) ±0.0050

June Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0020 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2374) against the same month in 2023 (average: 0.2400), the exchange rate shifted by -0.0027 (-1.11%).

2024 Avg (April) 0.2374

2023 Avg (April) 0.2400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2386	0.2352	0.2363
February	0.2367	0.2341	0.2352
March	0.2396	0.2353	0.2380
April	0.2406	0.2356	0.2374
May	0.2368	0.2340	0.2353
June	0.2374	0.2355	0.2364
July	0.2366	0.2346	0.2353
August	0.2358	0.2335	0.2348
September	0.2364	0.2331	0.2343
October	0.2339	0.2315	0.2325
November	0.2336	0.2305	0.2321
December	0.2364	0.2336	0.2352