YEARLY HIGH
145.7250 STD
YEARLY LOW
139.6569 STD
YEARLY AVERAGE
142.5027 STD

2024 JMD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 145.7250. Conversely, the yearly low was recorded on November 10, dropping to 139.6569.

This high-to-low spread represents a total annual volatility of 6.0681 STD. From a start-to-finish perspective, comparing the January average rate of 143.6918 to the December average rate of 142.4516, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 145.7250 was down 4.49% compared to the 2023 peak of 152.5822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 728,625 STD
2023 Average 733,264 STD
Yearly Trough Low 698,284 STD
Transaction Impact: A difference of 30,340.72 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

144.5121
140.2315
JanuMarcMayJulySeptNove

JMD to STD 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 143.2882, compared to 141.7172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5710 points.

H1 Avg (Jan–Jun) 143.2882
H2 Avg (Jul–Dec) 141.7172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 3.3421 STD (High: 145.7250 / Low: 142.3829). On the other end, July was the most stable month, with a tight range of 1.1793 STD (High: 143.2016 / Low: 142.0223).

April Spread (Volatile) ±3.3421
July Spread (Stable) ±1.1793

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2082 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 143.6836) against the same month in 2023 (average: 150.0238), the exchange rate shifted by -6.3403 (-4.23%).

2024 Avg (April) 143.6836
2023 Avg (April) 150.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 144.7822 142.9216 143.6918
February 143.4944 141.5312 142.4835
March 145.4636 142.9047 144.1554
April 145.7250 142.3829 143.6836
May 143.5328 141.9796 142.5781
June 143.8936 142.3958 143.1369
July 143.2016 142.0223 142.4993
August 143.7139 141.3383 142.2099
September 143.3613 141.1502 141.8671
October 141.6641 140.2230 140.6874
November 141.6880 139.6569 140.5882
December 143.2404 141.4515 142.4516