2024 TOP to JMD Historical Review

YEARLY HIGH

67.6947 JMD

YEARLY LOW

64.1606 JMD

YEARLY AVERAGE

66.0129 JMD

2024 TOP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 67.6947. Conversely, the yearly low was recorded on April 3, dropping to 64.1606.

This high-to-low spread represents a total annual volatility of 3.5342 JMD. From a start-to-finish perspective, comparing the January average rate of 65.8334 to the December average rate of 65.3233, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.6947 was up 0.37% compared to the 2023 peak of 67.4469, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338,474 JMD

2023 Average 326,134 JMD

Yearly Trough Low 320,803 JMD

Transaction Impact: A difference of 17,670.76 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.2393

64.8439

JanuMarcMayJulySeptNove

TOP 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 65.6941, compared to 66.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6377 points.

H1 Avg (Jan–Jun) 65.6941

H2 Avg (Jul–Dec) 66.3318

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.1900 JMD (High: 67.2708 / Low: 65.0809). On the other end, December was the most stable month, with a tight range of 0.8215 JMD (High: 65.7843 / Low: 64.9628).

August Spread (Volatile) ±2.1900

December Spread (Stable) ±0.8215

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9643 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 67.0396) against the same month in 2023 (average: 64.6362), the exchange rate shifted by +2.4035 (+3.72%).

2024 Avg (October) 67.0396

2023 Avg (October) 64.6362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.4763	65.5325	65.8334
February	66.6044	65.4166	66.0461
March	65.8394	64.5678	65.2652
April	65.6036	64.1606	65.0435
May	66.3562	65.3209	65.9893
June	66.5127	65.5731	65.9870
July	66.6134	65.4819	66.0819
August	67.2708	65.0809	66.2761
September	67.5595	66.2050	66.9821
October	67.6947	66.3284	67.0396
November	66.9459	65.6584	66.2876
December	65.7843	64.9628	65.3233