2024 PLN to JMD Historical Review

YEARLY HIGH

41.5187 JMD

YEARLY LOW

33.6271 JMD

YEARLY AVERAGE

39.2856 JMD

2024 PLN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 41.5187. Conversely, the yearly low was recorded on January 1, dropping to 33.6271.

This high-to-low spread represents a total annual volatility of 7.8916 JMD. From a start-to-finish perspective, comparing the January average rate of 38.6034 to the December average rate of 38.3681, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.5187 was up 4.21% compared to the 2023 peak of 39.8429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 830,374 JMD

2023 Average 735,108 JMD

Yearly Trough Low 672,542 JMD

Transaction Impact: A difference of 157,832.31 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.0409

38.1251

JanuMarcMayJulySeptNove

PLN 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 38.9167, compared to 39.6545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7378 points.

H1 Avg (Jan–Jun) 38.9167

H2 Avg (Jul–Dec) 39.6545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.4641 JMD (High: 39.0912 / Low: 33.6271). On the other end, February was the most stable month, with a tight range of 0.7972 JMD (High: 39.3824 / Low: 38.5852).

January Spread (Volatile) ±5.4641

February Spread (Stable) ±0.7972

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 October and November, when the average rate fell by 1.1023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 40.7979) against the same month in 2023 (average: 35.8720), the exchange rate shifted by +4.9259 (+13.73%).

2024 Avg (September) 40.7979

2023 Avg (September) 35.8720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.0912	33.6271	38.6034
February	39.3824	38.5852	39.0316
March	39.5987	38.3089	39.0068
April	39.4199	37.7621	38.6364
May	39.9364	38.6552	39.4537
June	39.5252	37.9450	38.7681
July	40.1350	38.6964	39.6414
August	41.1717	39.2058	40.2630
September	41.5187	40.2179	40.7979
October	40.5805	39.3313	39.9794
November	39.6997	38.2631	38.8771
December	38.9790	37.7947	38.3681