2024 JOD to JMD Historical Review

YEARLY HIGH

224.9990 JMD

YEARLY LOW

215.6906 JMD

YEARLY AVERAGE

220.5738 JMD

2024 JOD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 224.9990. Conversely, the yearly low was recorded on April 3, dropping to 215.6906.

This high-to-low spread represents a total annual volatility of 9.3084 JMD. From a start-to-finish perspective, comparing the January average rate of 218.5835 to the December average rate of 220.5453, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 224.9990 was up 1.91% compared to the 2023 peak of 220.7872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 1,124,995 JMD

2023 Average 1,086,135 JMD

Yearly Trough Low 1,078,453 JMD

Transaction Impact: A difference of 46,541.81 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

224.0379

217.4948

JanuMarcMayJulySeptNove

JOD to JMD 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 219.3423, compared to 221.8053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4630 points.

H1 Avg (Jan–Jun) 219.3423

H2 Avg (Jul–Dec) 221.8053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 5.1251 JMD (High: 220.8157 / Low: 215.6906). On the other end, July was the most stable month, with a tight range of 1.8541 JMD (High: 221.3764 / Low: 219.5223).

April Spread (Volatile) ±5.1251

July Spread (Stable) ±1.8541

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.9473 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.9473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 223.4927) against the same month in 2023 (average: 218.9897), the exchange rate shifted by +4.5030 (+2.06%).

2024 Avg (November) 223.4927

2023 Avg (November) 218.9897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	219.7664	216.9422	218.5835
February	221.9879	218.9509	220.5391
March	219.9164	216.0781	218.0400
April	220.8157	215.6906	218.7935
May	221.4430	218.9849	220.4718
June	220.7646	218.4358	219.6258
July	221.3764	219.5223	220.6311
August	222.4477	218.7707	221.0827
September	222.7442	219.3087	221.6292
October	224.1433	221.9362	223.4508
November	224.9990	221.7110	223.4927
December	222.1443	219.3130	220.5453