YEARLY HIGH
0.0072 JMD
YEARLY LOW
0.0069 JMD
YEARLY AVERAGE
0.0070 JMD

2024 STD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0072. Conversely, the yearly low was recorded on April 3, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0003 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0070, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0072 was up 1.88% compared to the 2023 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 JMD
2023 Average 34 JMD
Yearly Trough Low 34 JMD
Transaction Impact: A difference of 1.49 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0071
0.0069
JanuMarcMayJulySeptNove

STD 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 0.0070, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0002 JMD (High: 0.0070 / Low: 0.0069). On the other end, July was the most stable month, with a tight range of 0.0001 JMD (High: 0.0070 / Low: 0.0070).

April Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0071) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0001 (+2.03%).

2024 Avg (November) 0.0071
2023 Avg (November) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0069 0.0070
February 0.0071 0.0070 0.0070
March 0.0070 0.0069 0.0069
April 0.0070 0.0069 0.0070
May 0.0070 0.0070 0.0070
June 0.0070 0.0069 0.0070
July 0.0070 0.0070 0.0070
August 0.0071 0.0070 0.0070
September 0.0071 0.0070 0.0070
October 0.0071 0.0071 0.0071
November 0.0072 0.0071 0.0071
December 0.0071 0.0070 0.0070