YEARLY HIGH
0.0156 TOP
YEARLY LOW
0.0148 TOP
YEARLY AVERAGE
0.0152 TOP

2024 JMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0156. Conversely, the yearly low was recorded on October 6, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0008 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0153, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0156 was down 1.21% compared to the 2023 peak of 0.0158, 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 78 TOP
2023 Average 77 TOP
Yearly Trough Low 74 TOP
Transaction Impact: A difference of 4.07 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0154
0.0149
JanuMarcMayJulySeptNove

JMD to TOP 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 0.0152, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 TOP (High: 0.0154 / Low: 0.0149). On the other end, December was the most stable month, with a tight range of 0.0002 TOP (High: 0.0154 / Low: 0.0152).

August Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0154) against the same month in 2023 (average: 0.0155), the exchange rate shifted by -0.0001 (-0.61%).

2024 Avg (April) 0.0154
2023 Avg (April) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0153 0.0150 0.0152
February 0.0153 0.0150 0.0151
March 0.0155 0.0152 0.0153
April 0.0156 0.0152 0.0154
May 0.0153 0.0151 0.0152
June 0.0153 0.0150 0.0152
July 0.0153 0.0150 0.0151
August 0.0154 0.0149 0.0151
September 0.0151 0.0148 0.0149
October 0.0151 0.0148 0.0149
November 0.0152 0.0149 0.0151
December 0.0154 0.0152 0.0153