YEARLY HIGH
1.8949 JMD
YEARLY LOW
1.8194 JMD
YEARLY AVERAGE
1.8694 JMD

2024 BTN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.8949. Conversely, the yearly low was recorded on December 29, dropping to 1.8194.

This high-to-low spread represents a total annual volatility of 0.0755 JMD. From a start-to-finish perspective, comparing the January average rate of 1.8660 to the December average rate of 1.8414, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8949 was up 0.26% compared to the 2023 peak of 1.8900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,474 JMD
2023 Average 9,332 JMD
Yearly Trough Low 9,097 JMD
Transaction Impact: A difference of 377.33 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8887
1.8370
JanuMarcMayJulySeptNove

BTN 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 1.8690, compared to 1.8698 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) 1.8690
H2 Avg (Jul–Dec) 1.8698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0483 JMD (High: 1.8881 / Low: 1.8398). On the other end, August was the most stable month, with a tight range of 0.0142 JMD (High: 1.8781 / Low: 1.8639).

March Spread (Volatile) ±0.0483
August Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between August and October, 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 0.0378 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.8844) against the same month in 2023 (average: 1.8675), the exchange rate shifted by +0.0169 (+0.90%).

2024 Avg (February) 1.8844
2023 Avg (February) 1.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8763 1.8365 1.8660
February 1.8949 1.8732 1.8844
March 1.8881 1.8398 1.8629
April 1.8739 1.8338 1.8607
May 1.8829 1.8590 1.8750
June 1.8743 1.8585 1.8648
July 1.8784 1.8637 1.8711
August 1.8781 1.8639 1.8693
September 1.8863 1.8550 1.8740
October 1.8906 1.8747 1.8837
November 1.8902 1.8627 1.8791
December 1.8627 1.8194 1.8414