YEARLY HIGH
0.2861 UYU
YEARLY LOW
0.2434 UYU
YEARLY AVERAGE
0.2570 UYU

2024 JMD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.2861. Conversely, the yearly low was recorded on May 3, dropping to 0.2434.

This high-to-low spread represents a total annual volatility of 0.0426 UYU. From a start-to-finish perspective, comparing the January average rate of 0.2526 to the December average rate of 0.2812, the exchange rate registered a net change of 11.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2861 was up 8.50% compared to the 2023 peak of 0.2637, 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 1,430 UYU
2023 Average 1,260 UYU
Yearly Trough Low 1,217 UYU
Transaction Impact: A difference of 213.24 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2847
0.2428
JanuMarcMayJulySeptNove

JMD to UYU 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 0.2496, compared to 0.2644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.2496
H2 Avg (Jul–Dec) 0.2644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0131 UYU (High: 0.2861 / Low: 0.2730). On the other end, August was the most stable month, with a tight range of 0.0036 UYU (High: 0.2592 / Low: 0.2555).

December Spread (Volatile) ±0.0131
August Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0024 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2812) against the same month in 2023 (average: 0.2529), the exchange rate shifted by +0.0283 (+11.19%).

2024 Avg (December) 0.2812
2023 Avg (December) 0.2529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2555 0.2486 0.2526
February 0.2523 0.2483 0.2502
March 0.2513 0.2440 0.2488
April 0.2509 0.2440 0.2477
May 0.2490 0.2434 0.2463
June 0.2544 0.2490 0.2517
July 0.2591 0.2546 0.2569
August 0.2592 0.2555 0.2574
September 0.2686 0.2558 0.2608
October 0.2656 0.2592 0.2626
November 0.2722 0.2620 0.2672
December 0.2861 0.2730 0.2812