2024 JMD to RUB Historical Review

YEARLY HIGH

0.7281 RUB

YEARLY LOW

0.5362 RUB

YEARLY AVERAGE

0.5936 RUB

2024 JMD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7281. Conversely, the yearly low was recorded on June 19, dropping to 0.5362.

This high-to-low spread represents a total annual volatility of 0.1919 RUB. From a start-to-finish perspective, comparing the January average rate of 0.5762 to the December average rate of 0.6636, the exchange rate registered a net change of 15.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7281 was up 11.44% compared to the 2023 peak of 0.6533, 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 3,640 RUB

2023 Average 2,774 RUB

Yearly Trough Low 2,681 RUB

Transaction Impact: A difference of 959.28 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6741

0.5480

JanuMarcMayJulySeptNove

JMD to RUB 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 0.5845, compared to 0.6027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.5845

H2 Avg (Jul–Dec) 0.6027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1112 RUB (High: 0.7160 / Low: 0.6048). On the other end, April was the most stable month, with a tight range of 0.0178 RUB (High: 0.6067 / Low: 0.5889).

November Spread (Volatile) ±0.1112

April Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0168 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6636) against the same month in 2023 (average: 0.5863), the exchange rate shifted by +0.0773 (+13.19%).

2024 Avg (December) 0.6636

2023 Avg (December) 0.5863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5967	0.5647	0.5762
February	0.6066	0.5780	0.5873
March	0.6043	0.5830	0.5943
April	0.6067	0.5889	0.5997
May	0.5994	0.5687	0.5831
June	0.5814	0.5362	0.5663
July	0.5700	0.5429	0.5585
August	0.5878	0.5414	0.5680
September	0.6000	0.5597	0.5813
October	0.6162	0.5981	0.6079
November	0.7160	0.6048	0.6370
December	0.7281	0.6293	0.6636