2024 JMD to SEK Historical Review

YEARLY HIGH

0.0716 SEK

YEARLY LOW

0.0639 SEK

YEARLY AVERAGE

0.0676 SEK

2024 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0716. Conversely, the yearly low was recorded on September 24, dropping to 0.0639.

This high-to-low spread represents a total annual volatility of 0.0077 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0703, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0716 was down 1.24% compared to the 2023 peak of 0.0725, 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 358 SEK

2023 Average 344 SEK

Yearly Trough Low 319 SEK

Transaction Impact: A difference of 38.73 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0708

0.0646

JanuMarcMayJulySeptNove

JMD to SEK 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 0.0678, compared to 0.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0678

H2 Avg (Jul–Dec) 0.0674

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0039 SEK (High: 0.0686 / Low: 0.0648). On the other end, June was the most stable month, with a tight range of 0.0017 SEK (High: 0.0685 / Low: 0.0667).

August Spread (Volatile) ±0.0039

June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0703) against the same month in 2023 (average: 0.0660), the exchange rate shifted by +0.0043 (+6.59%).

2024 Avg (December) 0.0703

2023 Avg (December) 0.0660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0676	0.0650	0.0667
February	0.0679	0.0657	0.0667
March	0.0695	0.0657	0.0675
April	0.0707	0.0681	0.0698
May	0.0700	0.0677	0.0688
June	0.0685	0.0667	0.0675
July	0.0692	0.0663	0.0680
August	0.0686	0.0648	0.0663
September	0.0663	0.0639	0.0651
October	0.0674	0.0651	0.0661
November	0.0698	0.0669	0.0687
December	0.0716	0.0691	0.0703