2024 SDG to JMD Historical Review

YEARLY HIGH

0.2740 JMD

YEARLY LOW

0.2555 JMD

YEARLY AVERAGE

0.2615 JMD

2024 SDG to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.2740. Conversely, the yearly low was recorded on March 26, dropping to 0.2555.

This high-to-low spread represents a total annual volatility of 0.0185 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2580 to the December average rate of 0.2600, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2740 was down 3.78% compared to the 2023 peak of 0.2847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,370 JMD

2023 Average 1,292 JMD

Yearly Trough Low 1,277 JMD

Transaction Impact: A difference of 92.52 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2651

0.2574

JanuMarcMayJulySeptNove

SDG 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 0.2611, compared to 0.2619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2611

H2 Avg (Jul–Dec) 0.2619

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0157 JMD (High: 0.2740 / Low: 0.2583). On the other end, October was the most stable month, with a tight range of 0.0027 JMD (High: 0.2642 / Low: 0.2615).

May Spread (Volatile) ±0.0157

October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2609) against the same month in 2023 (average: 0.2568), the exchange rate shifted by +0.0042 (+1.62%).

2024 Avg (May) 0.2609

2023 Avg (May) 0.2568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2594	0.2561	0.2580
February	0.2622	0.2584	0.2602
March	0.2647	0.2555	0.2604
April	0.2671	0.2562	0.2644
May	0.2740	0.2583	0.2609
June	0.2670	0.2586	0.2623
July	0.2674	0.2589	0.2630
August	0.2621	0.2578	0.2605
September	0.2624	0.2584	0.2611
October	0.2642	0.2615	0.2633
November	0.2652	0.2614	0.2635
December	0.2619	0.2586	0.2600