2024 LBP to JMD Historical Review

YEARLY HIGH

0.0105 JMD

YEARLY LOW

0.0017 JMD

YEARLY AVERAGE

0.0030 JMD

2024 LBP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0105. Conversely, the yearly low was recorded on April 3, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0088 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0017, the exchange rate registered a net change of -83.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0105 was down 89.78% compared to the 2023 peak of 0.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 JMD

2023 Average 96 JMD

Yearly Trough Low 9 JMD

Transaction Impact: A difference of 43.79 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0112

0.0009

JanuMarcMayJulySeptNove

LBP 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 0.0042, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0042

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0087 JMD (High: 0.0105 / Low: 0.0017). On the other end, July was the most stable month, with a tight range of 0.0000 JMD (High: 0.0018 / Low: 0.0017).

February Spread (Volatile) ±0.0087

July Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0063 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0080) against the same month in 2023 (average: 0.0266), the exchange rate shifted by -0.0186 (-69.86%).

2024 Avg (February) 0.0080

2023 Avg (February) 0.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0103	0.0103
February	0.0105	0.0017	0.0080
March	0.0017	0.0017	0.0017
April	0.0017	0.0017	0.0017
May	0.0018	0.0017	0.0017
June	0.0017	0.0017	0.0017
July	0.0018	0.0017	0.0017
August	0.0018	0.0017	0.0018
September	0.0018	0.0017	0.0018
October	0.0018	0.0018	0.0018
November	0.0018	0.0018	0.0018
December	0.0018	0.0017	0.0017