2024 SVC to JMD Historical Review

YEARLY HIGH

18.2246 JMD

YEARLY LOW

17.4854 JMD

YEARLY AVERAGE

17.8739 JMD

2024 SVC to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 18.2246. Conversely, the yearly low was recorded on April 3, dropping to 17.4854.

This high-to-low spread represents a total annual volatility of 0.7392 JMD. From a start-to-finish perspective, comparing the January average rate of 17.7251 to the December average rate of 17.8817, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.2246 was up 1.89% compared to the 2023 peak of 17.8874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,123 JMD

2023 Average 88,075 JMD

Yearly Trough Low 87,427 JMD

Transaction Impact: A difference of 3,695.99 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.1536

17.6325

JanuMarcMayJulySeptNove

SVC 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 17.7769, compared to 17.9708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1938 points.

H1 Avg (Jan–Jun) 17.7769

H2 Avg (Jul–Dec) 17.9708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.3764 JMD (High: 17.8619 / Low: 17.4854). On the other end, August was the most stable month, with a tight range of 0.1385 JMD (High: 18.0192 / Low: 17.8807).

April Spread (Volatile) ±0.3764

August Spread (Stable) ±0.1385

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 0.2285 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 18.1102) against the same month in 2023 (average: 17.7742), the exchange rate shifted by +0.3360 (+1.89%).

2024 Avg (November) 18.1102

2023 Avg (November) 17.7742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.8014	17.5901	17.7251
February	17.9515	17.7698	17.8693
March	17.8529	17.5421	17.6759
April	17.8619	17.4854	17.7344
May	17.9436	17.7715	17.8664
June	17.8578	17.7093	17.7906
July	17.9332	17.7820	17.8739
August	18.0192	17.8807	17.9231
September	18.0353	17.8079	17.9470
October	18.1625	17.9787	18.0887
November	18.2246	18.0067	18.1102
December	18.0069	17.7893	17.8817