2024 JMD to PEN Historical Review

YEARLY HIGH

0.0248 PEN

YEARLY LOW

0.0235 PEN

YEARLY AVERAGE

0.0240 PEN

2024 JMD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0248. Conversely, the yearly low was recorded on October 14, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0012 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0239, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0248 was down 2.32% compared to the 2023 peak of 0.0253, 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 124 PEN

2023 Average 121 PEN

Yearly Trough Low 118 PEN

Transaction Impact: A difference of 6.12 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0246

0.0236

JanuMarcMayJulySeptNove

JMD to PEN 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 0.0241, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0241

H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0009 PEN (High: 0.0247 / Low: 0.0237). On the other end, August was the most stable month, with a tight range of 0.0002 PEN (High: 0.0240 / Low: 0.0237).

July Spread (Volatile) ±0.0009

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0245) against the same month in 2023 (average: 0.0249), the exchange rate shifted by -0.0004 (-1.60%).

2024 Avg (February) 0.0245

2023 Avg (February) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0246	0.0238	0.0241
February	0.0248	0.0242	0.0245
March	0.0243	0.0237	0.0240
April	0.0243	0.0237	0.0240
May	0.0241	0.0236	0.0239
June	0.0246	0.0240	0.0243
July	0.0247	0.0237	0.0241
August	0.0240	0.0237	0.0238
September	0.0244	0.0236	0.0240
October	0.0238	0.0235	0.0237
November	0.0240	0.0236	0.0239
December	0.0241	0.0237	0.0239