YEARLY HIGH
23.4795 JMD
YEARLY LOW
22.5534 JMD
YEARLY AVERAGE
23.0432 JMD

2024 TTD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 23.4795. Conversely, the yearly low was recorded on March 26, dropping to 22.5534.

This high-to-low spread represents a total annual volatility of 0.9261 JMD. From a start-to-finish perspective, comparing the January average rate of 22.8545 to the December average rate of 23.0515, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.4795 was up 1.83% compared to the 2023 peak of 23.0585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,397 JMD
2023 Average 113,532 JMD
Yearly Trough Low 112,767 JMD
Transaction Impact: A difference of 4,630.53 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.4067
22.7187
JanuMarcMayJulySeptNove

TTD 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 22.9165, compared to 23.1699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2534 points.

H1 Avg (Jan–Jun) 22.9165
H2 Avg (Jul–Dec) 23.1699

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4555 JMD (High: 23.0089 / Low: 22.5534). On the other end, August was the most stable month, with a tight range of 0.1213 JMD (High: 23.1643 / Low: 23.0430).

March Spread (Volatile) ±0.4555
August Spread (Stable) ±0.1213

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 0.2978 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 23.3494) against the same month in 2023 (average: 22.9068), the exchange rate shifted by +0.4425 (+1.93%).

2024 Avg (November) 23.3494
2023 Avg (November) 22.9068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.9790 22.7298 22.8545
February 23.1548 22.9071 23.0353
March 23.0089 22.5534 22.7760
April 22.9993 22.5602 22.8634
May 23.1722 22.9099 23.0334
June 23.0087 22.8303 22.9362
July 23.1839 22.9096 23.0594
August 23.1643 23.0430 23.1051
September 23.1920 22.9995 23.1317
October 23.4184 23.1952 23.3223
November 23.4795 23.1859 23.3494
December 23.2528 22.9023 23.0515