2024 JMD to SCR Historical Review

YEARLY HIGH

0.0969 SCR

YEARLY LOW

0.0812 SCR

YEARLY AVERAGE

0.0874 SCR

2024 JMD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0969. Conversely, the yearly low was recorded on September 24, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0157 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0863 to the December average rate of 0.0903, the exchange rate registered a net change of 4.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0969 was up 4.40% compared to the 2023 peak of 0.0928, 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 484 SCR

2023 Average 436 SCR

Yearly Trough Low 406 SCR

Transaction Impact: A difference of 78.37 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0907

0.0852

JanuMarcMayJulySeptNove

JMD to SCR 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 0.0873, compared to 0.0875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0873

H2 Avg (Jul–Dec) 0.0875

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0151 SCR (High: 0.0969 / Low: 0.0818). On the other end, May was the most stable month, with a tight range of 0.0032 SCR (High: 0.0887 / Low: 0.0855).

August Spread (Volatile) ±0.0151

May Spread (Stable) ±0.0032

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 August and September, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0877) against the same month in 2023 (average: 0.0865), the exchange rate shifted by +0.0012 (+1.36%).

2024 Avg (August) 0.0877

2023 Avg (August) 0.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0899	0.0842	0.0863
February	0.0883	0.0843	0.0861
March	0.0920	0.0865	0.0879
April	0.0924	0.0865	0.0876
May	0.0887	0.0855	0.0874
June	0.0944	0.0872	0.0887
July	0.0903	0.0865	0.0882
August	0.0969	0.0818	0.0877
September	0.0887	0.0812	0.0856
October	0.0950	0.0824	0.0866
November	0.0907	0.0844	0.0868
December	0.0965	0.0851	0.0903