2024 LRD to JMD Historical Review

YEARLY HIGH

0.8857 JMD

YEARLY LOW

0.7856 JMD

YEARLY AVERAGE

0.8175 JMD

2024 LRD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.8857. Conversely, the yearly low was recorded on September 22, dropping to 0.7856.

This high-to-low spread represents a total annual volatility of 0.1002 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8199 to the December average rate of 0.8663, the exchange rate registered a net change of 5.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8857 was down 12.66% compared to the 2023 peak of 1.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,429 JMD

2023 Average 4,432 JMD

Yearly Trough Low 3,928 JMD

Transaction Impact: A difference of 500.82 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8728

0.7947

JanuMarcMayJulySeptNove

LRD 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 0.8097, compared to 0.8253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.8097

H2 Avg (Jul–Dec) 0.8253

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0618 JMD (High: 0.8857 / Low: 0.8239). On the other end, June was the most stable month, with a tight range of 0.0058 JMD (High: 0.8047 / Low: 0.7989).

November Spread (Volatile) ±0.0618

June Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0178 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8571) against the same month in 2023 (average: 0.8271), the exchange rate shifted by +0.0300 (+3.63%).

2024 Avg (November) 0.8571

2023 Avg (November) 0.8271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8232	0.8160	0.8199
February	0.8282	0.8145	0.8210
March	0.8131	0.7949	0.8032
April	0.8259	0.7929	0.8046
May	0.8113	0.8023	0.8074
June	0.8047	0.7989	0.8021
July	0.8064	0.7996	0.8022
August	0.8065	0.7870	0.8012
September	0.8116	0.7856	0.8031
October	0.8264	0.8117	0.8219
November	0.8857	0.8239	0.8571
December	0.8799	0.8490	0.8663