2024 JMD to SVC Historical Review

YEARLY HIGH

0.0572 SVC

YEARLY LOW

0.0549 SVC

YEARLY AVERAGE

0.0560 SVC

2024 JMD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0572. Conversely, the yearly low was recorded on November 23, dropping to 0.0549.

This high-to-low spread represents a total annual volatility of 0.0023 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0564 to the December average rate of 0.0559, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0572 was down 1.68% compared to the 2023 peak of 0.0582, 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 286 SVC

2023 Average 284 SVC

Yearly Trough Low 274 SVC

Transaction Impact: A difference of 11.60 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0567

0.0551

JanuMarcMayJulySeptNove

JMD to SVC 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 0.0563, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0563

H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0012 SVC (High: 0.0572 / Low: 0.0560). On the other end, August was the most stable month, with a tight range of 0.0004 SVC (High: 0.0559 / Low: 0.0555).

April Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0564) against the same month in 2023 (average: 0.0575), the exchange rate shifted by -0.0011 (-1.85%).

2024 Avg (April) 0.0564

2023 Avg (April) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0569	0.0562	0.0564
February	0.0563	0.0557	0.0560
March	0.0570	0.0560	0.0566
April	0.0572	0.0560	0.0564
May	0.0563	0.0557	0.0560
June	0.0565	0.0560	0.0562
July	0.0562	0.0558	0.0559
August	0.0559	0.0555	0.0558
September	0.0562	0.0554	0.0557
October	0.0556	0.0551	0.0553
November	0.0555	0.0549	0.0552
December	0.0562	0.0555	0.0559