2024 RON to JMD Historical Review

YEARLY HIGH

35.5034 JMD

YEARLY LOW

32.5024 JMD

YEARLY AVERAGE

34.0099 JMD

2024 RON to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 35.5034. Conversely, the yearly low was recorded on December 31, dropping to 32.5024.

This high-to-low spread represents a total annual volatility of 3.0010 JMD. From a start-to-finish perspective, comparing the January average rate of 34.0048 to the December average rate of 32.9279, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.5034 was up 0.94% compared to the 2023 peak of 35.1743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,517 JMD

2023 Average 168,449 JMD

Yearly Trough Low 162,512 JMD

Transaction Impact: A difference of 15,005.06 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.2874

32.7134

JanuMarcMayJulySeptNove

RON 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 33.7956, compared to 34.2243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4287 points.

H1 Avg (Jan–Jun) 33.7956

H2 Avg (Jul–Dec) 34.2243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.5677 JMD (High: 34.7573 / Low: 33.1896). On the other end, February was the most stable month, with a tight range of 0.5375 JMD (High: 34.1776 / Low: 33.6401).

November Spread (Volatile) ±1.5677

February Spread (Stable) ±0.5375

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 0.9064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 35.0729) against the same month in 2023 (average: 33.2236), the exchange rate shifted by +1.8493 (+5.57%).

2024 Avg (September) 35.0729

2023 Avg (September) 33.2236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3926	33.7177	34.0048
February	34.1776	33.6401	33.9304
March	34.2688	33.2988	33.7950
April	33.8548	33.0706	33.4259
May	34.1550	33.5976	33.9595
June	34.0192	33.3671	33.6582
July	34.4151	33.5679	34.1241
August	35.2355	33.9031	34.7012
September	35.5034	34.6426	35.0729
October	35.0328	34.3857	34.6853
November	34.7573	33.1896	33.8343
December	33.4232	32.5024	32.9279