YEARLY HIGH
0.2395 THB
YEARLY LOW
0.2060 THB
YEARLY AVERAGE
0.2256 THB

2024 JMD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.2395. Conversely, the yearly low was recorded on September 27, dropping to 0.2060.

This high-to-low spread represents a total annual volatility of 0.0335 THB. From a start-to-finish perspective, comparing the January average rate of 0.2268 to the December average rate of 0.2184, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2395 was down 0.06% compared to the 2023 peak of 0.2396, 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 1,197 THB
2023 Average 1,128 THB
Yearly Trough Low 1,030 THB
Transaction Impact: A difference of 167.50 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2397
0.2081
JanuMarcMayJulySeptNove

JMD to THB 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 0.2326, compared to 0.2185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.2326
H2 Avg (Jul–Dec) 0.2185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0130 THB (High: 0.2189 / Low: 0.2060). On the other end, June was the most stable month, with a tight range of 0.0023 THB (High: 0.2368 / Low: 0.2345).

September Spread (Volatile) ±0.0130
June Spread (Stable) ±0.0023

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 0.0102 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2370) against the same month in 2023 (average: 0.2246), the exchange rate shifted by +0.0124 (+5.52%).

2024 Avg (April) 0.2370
2023 Avg (April) 0.2246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2298 0.2220 0.2268
February 0.2308 0.2256 0.2292
March 0.2378 0.2280 0.2325
April 0.2395 0.2346 0.2370
May 0.2370 0.2310 0.2342
June 0.2368 0.2345 0.2358
July 0.2362 0.2269 0.2317
August 0.2278 0.2156 0.2215
September 0.2189 0.2060 0.2118
October 0.2139 0.2069 0.2108
November 0.2209 0.2121 0.2171
December 0.2211 0.2148 0.2184