2024 JMD to PHP Historical Review

YEARLY HIGH

0.3795 PHP

YEARLY LOW

0.3531 PHP

YEARLY AVERAGE

0.3664 PHP

2024 JMD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3795. Conversely, the yearly low was recorded on September 19, dropping to 0.3531.

This high-to-low spread represents a total annual volatility of 0.0264 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3609 to the December average rate of 0.3735, the exchange rate registered a net change of 3.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3795 was up 2.40% compared to the 2023 peak of 0.3706, 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 1,897 PHP

2023 Average 1,805 PHP

Yearly Trough Low 1,766 PHP

Transaction Impact: A difference of 131.77 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3791

0.3547

JanuMarcMayJulySeptNove

JMD to PHP 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 0.3659, compared to 0.3669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.3659

H2 Avg (Jul–Dec) 0.3669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0166 PHP (High: 0.3737 / Low: 0.3571). On the other end, February was the most stable month, with a tight range of 0.0051 PHP (High: 0.3609 / Low: 0.3558).

August Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3735) against the same month in 2023 (average: 0.3575), the exchange rate shifted by +0.0161 (+4.50%).

2024 Avg (December) 0.3735

2023 Avg (December) 0.3575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3637	0.3576	0.3609
February	0.3609	0.3558	0.3582
March	0.3681	0.3568	0.3617
April	0.3707	0.3635	0.3678
May	0.3762	0.3636	0.3697
June	0.3794	0.3742	0.3771
July	0.3777	0.3712	0.3740
August	0.3737	0.3571	0.3636
September	0.3637	0.3531	0.3568
October	0.3686	0.3550	0.3629
November	0.3745	0.3664	0.3703
December	0.3795	0.3682	0.3735