YEARLY HIGH
33.2881 JMD
YEARLY LOW
31.5734 JMD
YEARLY AVERAGE
32.3762 JMD

2024 LYD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 33.2881. Conversely, the yearly low was recorded on April 3, dropping to 31.5734.

This high-to-low spread represents a total annual volatility of 1.7148 JMD. From a start-to-finish perspective, comparing the January average rate of 32.2733 to the December average rate of 31.9690, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.2881 was up 1.94% compared to the 2023 peak of 32.6561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,441 JMD
2023 Average 160,174 JMD
Yearly Trough Low 157,867 JMD
Transaction Impact: A difference of 8,573.90 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.1206
31.8643
JanuMarcMayJulySeptNove

LYD 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 32.1556, compared to 32.5968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4412 points.

H1 Avg (Jan–Jun) 32.1556
H2 Avg (Jul–Dec) 32.5968

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.8455 JMD (High: 33.1813 / Low: 32.3358). On the other end, June was the most stable month, with a tight range of 0.2686 JMD (High: 32.2014 / Low: 31.9327).

August Spread (Volatile) ±0.8455
June Spread (Stable) ±0.2686

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 33.0125) against the same month in 2023 (average: 31.6814), the exchange rate shifted by +1.3311 (+4.20%).

2024 Avg (October) 33.0125
2023 Avg (October) 31.6814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.4233 32.1283 32.2733
February 32.5604 32.1201 32.3178
March 32.2812 31.7610 32.0633
April 32.1398 31.5734 31.9691
May 32.3276 32.0093 32.2127
June 32.2014 31.9327 32.0977
July 32.4295 31.9830 32.2795
August 33.1813 32.3358 32.7190
September 33.2446 32.7243 33.0159
October 33.2881 32.7955 33.0125
November 32.8948 32.1958 32.5852
December 32.2482 31.6559 31.9690