2024 SBD to JMD Historical Review

YEARLY HIGH

19.1670 JMD

YEARLY LOW

17.6925 JMD

YEARLY AVERAGE

18.5655 JMD

2024 SBD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 19.1670. Conversely, the yearly low was recorded on March 12, dropping to 17.6925.

This high-to-low spread represents a total annual volatility of 1.4745 JMD. From a start-to-finish perspective, comparing the January average rate of 18.4153 to the December average rate of 18.6674, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.1670 was up 0.76% compared to the 2023 peak of 19.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,835 JMD

2023 Average 92,300 JMD

Yearly Trough Low 88,462 JMD

Transaction Impact: A difference of 7,372.52 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.1460

18.1780

JanuMarcMayJulySeptNove

SBD 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 18.3798, compared to 18.7511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3713 points.

H1 Avg (Jan–Jun) 18.3798

H2 Avg (Jul–Dec) 18.7511

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.7358 JMD (High: 18.4283 / Low: 17.6925). On the other end, July was the most stable month, with a tight range of 0.1994 JMD (High: 18.6260 / Low: 18.4266).

March Spread (Volatile) ±0.7358

July Spread (Stable) ±0.1994

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2897 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 19.0653) against the same month in 2023 (average: 18.3742), the exchange rate shifted by +0.6911 (+3.76%).

2024 Avg (October) 19.0653

2023 Avg (October) 18.3742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6380	18.2555	18.4153
February	18.6844	18.3832	18.5000
March	18.4283	17.6925	18.2587
April	18.4669	18.0396	18.2902
May	18.5155	18.3152	18.4181
June	18.5242	18.2868	18.3968
July	18.6260	18.4266	18.5059
August	18.6555	18.2611	18.4790
September	18.9969	18.5041	18.8322
October	19.1670	18.9671	19.0653
November	19.1286	18.7585	18.9571
December	18.8210	18.5548	18.6674