2024 SOS to JMD Historical Review

YEARLY HIGH

0.2790 JMD

YEARLY LOW

0.2677 JMD

YEARLY AVERAGE

0.2737 JMD

2024 SOS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2790. Conversely, the yearly low was recorded on April 3, dropping to 0.2677.

This high-to-low spread represents a total annual volatility of 0.0113 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2715 to the December average rate of 0.2738, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2790 was up 1.81% compared to the 2023 peak of 0.2740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,395 JMD

2023 Average 1,353 JMD

Yearly Trough Low 1,338 JMD

Transaction Impact: A difference of 56.54 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2779

0.2699

JanuMarcMayJulySeptNove

SOS 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 0.2722, compared to 0.2752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2722

H2 Avg (Jul–Dec) 0.2752

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0058 JMD (High: 0.2735 / Low: 0.2677). On the other end, July was the most stable month, with a tight range of 0.0018 JMD (High: 0.2745 / Low: 0.2727).

April Spread (Volatile) ±0.0058

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2773) against the same month in 2023 (average: 0.2723), the exchange rate shifted by +0.0050 (+1.83%).

2024 Avg (November) 0.2773

2023 Avg (November) 0.2723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2728	0.2700	0.2715
February	0.2747	0.2719	0.2735
March	0.2728	0.2686	0.2706
April	0.2735	0.2677	0.2714
May	0.2751	0.2720	0.2737
June	0.2736	0.2702	0.2724
July	0.2745	0.2727	0.2738
August	0.2763	0.2733	0.2746
September	0.2763	0.2726	0.2748
October	0.2782	0.2753	0.2771
November	0.2790	0.2754	0.2773
December	0.2756	0.2724	0.2738