YEARLY HIGH
0.0297 PLN
YEARLY LOW
0.0241 PLN
YEARLY AVERAGE
0.0255 PLN

2024 JMD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0297. Conversely, the yearly low was recorded on September 24, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0057 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0261, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0297 was up 0.91% compared to the 2023 peak of 0.0295, 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 149 PLN
2023 Average 136 PLN
Yearly Trough Low 120 PLN
Transaction Impact: A difference of 28.26 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0262
0.0244
JanuMarcMayJulySeptNove

JMD to PLN 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 0.0257, compared to 0.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0257
H2 Avg (Jul–Dec) 0.0252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0042 PLN (High: 0.0297 / Low: 0.0256). On the other end, February was the most stable month, with a tight range of 0.0005 PLN (High: 0.0259 / Low: 0.0254).

January Spread (Volatile) ±0.0042
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0259) against the same month in 2023 (average: 0.0284), the exchange rate shifted by -0.0024 (-8.59%).

2024 Avg (January) 0.0259
2023 Avg (January) 0.0284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0297 0.0256 0.0259
February 0.0259 0.0254 0.0256
March 0.0261 0.0253 0.0256
April 0.0265 0.0254 0.0259
May 0.0259 0.0250 0.0253
June 0.0264 0.0253 0.0258
July 0.0258 0.0249 0.0252
August 0.0255 0.0243 0.0248
September 0.0249 0.0241 0.0245
October 0.0254 0.0246 0.0250
November 0.0261 0.0252 0.0257
December 0.0265 0.0257 0.0261