2024 KZT to JMD Historical Review

YEARLY HIGH

0.3565 JMD

YEARLY LOW

0.2966 JMD

YEARLY AVERAGE

0.3338 JMD

2024 KZT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.3565. Conversely, the yearly low was recorded on December 30, dropping to 0.2966.

This high-to-low spread represents a total annual volatility of 0.0599 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3433 to the December average rate of 0.3002, the exchange rate registered a net change of -12.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3565 was up 0.27% compared to the 2023 peak of 0.3556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,783 JMD

2023 Average 1,688 JMD

Yearly Trough Low 1,483 JMD

Transaction Impact: A difference of 299.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3587

0.2949

JanuMarcMayJulySeptNove

KZT 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 0.3461, compared to 0.3214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.3461

H2 Avg (Jul–Dec) 0.3214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0196 JMD (High: 0.3241 / Low: 0.3045). On the other end, July was the most stable month, with a tight range of 0.0049 JMD (High: 0.3313 / Low: 0.3263).

November Spread (Volatile) ±0.0196

July Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0190 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.3534) against the same month in 2023 (average: 0.3454), the exchange rate shifted by +0.0079 (+2.30%).

2024 Avg (May) 0.3534

2023 Avg (May) 0.3454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3492	0.3372	0.3433
February	0.3503	0.3426	0.3470
March	0.3498	0.3408	0.3441
April	0.3540	0.3419	0.3476
May	0.3565	0.3481	0.3534
June	0.3481	0.3306	0.3413
July	0.3313	0.3263	0.3290
August	0.3298	0.3239	0.3274
September	0.3290	0.3223	0.3270
October	0.3296	0.3186	0.3259
November	0.3241	0.3045	0.3192
December	0.3089	0.2966	0.3002