YEARLY HIGH
1.4804 JMD
YEARLY LOW
1.3550 JMD
YEARLY AVERAGE
1.4181 JMD

2024 XPF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.4804. Conversely, the yearly low was recorded on December 31, dropping to 1.3550.

This high-to-low spread represents a total annual volatility of 0.1254 JMD. From a start-to-finish perspective, comparing the January average rate of 1.4178 to the December average rate of 1.3727, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4804 was up 1.66% compared to the 2023 peak of 1.4562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,402 JMD
2023 Average 6,987 JMD
Yearly Trough Low 6,775 JMD
Transaction Impact: A difference of 626.99 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4713
1.3637
JanuMarcMayJulySeptNove

XPF 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 1.4090, compared to 1.4271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 1.4090
H2 Avg (Jul–Dec) 1.4271

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0648 JMD (High: 1.4490 / Low: 1.3843). On the other end, February was the most stable month, with a tight range of 0.0197 JMD (High: 1.4227 / Low: 1.4029).

November Spread (Volatile) ±0.0648
February Spread (Stable) ±0.0197

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0390 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.4623) against the same month in 2023 (average: 1.3829), the exchange rate shifted by +0.0794 (+5.74%).

2024 Avg (September) 1.4623
2023 Avg (September) 1.3829

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4329 1.4059 1.4178
February 1.4227 1.4029 1.4146
March 1.4272 1.3873 1.4082
April 1.4096 1.3787 1.3933
May 1.4237 1.4012 1.4161
June 1.4185 1.3925 1.4039
July 1.4335 1.4000 1.4223
August 1.4707 1.4135 1.4475
September 1.4804 1.4431 1.4623
October 1.4610 1.4334 1.4463
November 1.4490 1.3843 1.4117
December 1.3927 1.3550 1.3727