2024 XDR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 213.8898. Conversely, the yearly low was recorded on April 3, dropping to 202.5928.
This high-to-low spread represents a total annual volatility of 11.2970 JMD. From a start-to-finish perspective, comparing the January average rate of 207.0621 to the December average rate of 205.1654, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 213.8898 was up 1.99% compared to the 2023 peak of 209.7070, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 206.1716, compared to 209.1185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9469 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.6487 JMD (High: 211.6139 / Low: 205.9653). On the other end, June was the most stable month, with a tight range of 1.3873 JMD (High: 206.1731 / Low: 204.7858).
Growth Streaks & Declines
TrendsBetween 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 4.3218 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 212.0422) against the same month in 2023 (average: 203.4913), the exchange rate shifted by +8.5509 (+4.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 207.7496 | 206.0640 | 207.0621 |
| February | 208.5747 | 206.8912 | 207.5602 |
| March | 207.2255 | 203.2288 | 205.5623 |
| April | 205.9362 | 202.5928 | 204.8114 |
| May | 207.3033 | 205.5530 | 206.5687 |
| June | 206.1731 | 204.7858 | 205.4653 |
| July | 207.7606 | 204.6499 | 206.7779 |
| August | 211.8866 | 207.5376 | 209.3513 |
| September | 213.3262 | 209.8196 | 211.8871 |
| October | 213.8898 | 210.3670 | 212.0422 |
| November | 211.6139 | 205.9653 | 209.4872 |
| December | 206.9971 | 202.9857 | 205.1654 |