2024 JMD to SRD Historical Review

YEARLY HIGH

0.2387 SRD

YEARLY LOW

0.1821 SRD

YEARLY AVERAGE

0.2120 SRD

2024 JMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2387. Conversely, the yearly low was recorded on August 15, dropping to 0.1821.

This high-to-low spread represents a total annual volatility of 0.0566 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2366 to the December average rate of 0.2252, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2387 was down 4.48% compared to the 2023 peak of 0.2499, 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 1,194 SRD

2023 Average 1,188 SRD

Yearly Trough Low 911 SRD

Transaction Impact: A difference of 283.03 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2419

0.1785

JanuMarcMayJulySeptNove

JMD to SRD 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 0.2215, compared to 0.2026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.2215

H2 Avg (Jul–Dec) 0.2026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0224 SRD (High: 0.2174 / Low: 0.1950). On the other end, December was the most stable month, with a tight range of 0.0022 SRD (High: 0.2268 / Low: 0.2246).

October Spread (Volatile) ±0.0224

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0145 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2366) against the same month in 2023 (average: 0.2081), the exchange rate shifted by +0.0285 (+13.69%).

2024 Avg (January) 0.2366

2023 Avg (January) 0.2081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2387	0.2348	0.2366
February	0.2365	0.2258	0.2312
March	0.2295	0.2258	0.2279
April	0.2283	0.2165	0.2232
May	0.2167	0.2056	0.2087
June	0.2082	0.1962	0.2014
July	0.1982	0.1843	0.1899
August	0.1860	0.1821	0.1838
September	0.1954	0.1840	0.1891
October	0.2174	0.1950	0.2053
November	0.2251	0.2168	0.2220
December	0.2268	0.2246	0.2252