2024 JMD to TRY Historical Review

YEARLY HIGH

0.2271 TRY

YEARLY LOW

0.1907 TRY

YEARLY AVERAGE

0.2103 TRY

2024 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2271. Conversely, the yearly low was recorded on January 1, dropping to 0.1907.

This high-to-low spread represents a total annual volatility of 0.0364 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1941 to the December average rate of 0.2238, the exchange rate registered a net change of 15.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2271 was up 19.06% compared to the 2023 peak of 0.1908, 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 1,136 TRY

2023 Average 772 TRY

Yearly Trough Low 954 TRY

Transaction Impact: A difference of 182.01 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2268

0.1911

JanuMarcMayJulySeptNove

JMD to TRY 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 0.2038, compared to 0.2167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.2038

H2 Avg (Jul–Dec) 0.2167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0097 TRY (High: 0.2110 / Low: 0.2013). On the other end, October was the most stable month, with a tight range of 0.0021 TRY (High: 0.2174 / Low: 0.2152).

March Spread (Volatile) ±0.0097

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and September, 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 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2238) against the same month in 2023 (average: 0.1874), the exchange rate shifted by +0.0364 (+19.44%).

2024 Avg (December) 0.2238

2023 Avg (December) 0.1874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1955	0.1907	0.1941
February	0.2005	0.1941	0.1970
March	0.2110	0.2013	0.2074
April	0.2098	0.2073	0.2087
May	0.2082	0.2057	0.2065
June	0.2113	0.2071	0.2094
July	0.2121	0.2084	0.2105
August	0.2190	0.2121	0.2151
September	0.2190	0.2158	0.2169
October	0.2174	0.2152	0.2163
November	0.2205	0.2154	0.2175
December	0.2271	0.2206	0.2238