2023 ALL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.7209. Conversely, the yearly low was recorded on January 8, dropping to 1.3687.
This high-to-low spread represents a total annual volatility of 0.3522 JMD. From a start-to-finish perspective, comparing the January average rate of 1.4166 to the December average rate of 1.6494, the exchange rate registered a net change of 16.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1.7209 was up 16.09% compared to the 2022 peak of 1.4824, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL 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 1.4696, compared to 1.6011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1315 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 0.1501 JMD (High: 1.7209 / Low: 1.5707). On the other end, December was the most stable month, with a tight range of 0.0256 JMD (High: 1.6635 / Low: 1.6379).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 0.0541 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 1.6512) against the same month in 2022 (average: 1.3166), the exchange rate shifted by +0.3346 (+25.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4425 | 1.3687 | 1.4166 |
| February | 1.4560 | 1.4142 | 1.4275 |
| March | 1.4464 | 1.4024 | 1.4211 |
| April | 1.5272 | 1.4428 | 1.4857 |
| May | 1.5266 | 1.4768 | 1.5068 |
| June | 1.5857 | 1.5137 | 1.5601 |
| July | 1.7209 | 1.5707 | 1.6512 |
| August | 1.6628 | 1.5140 | 1.5971 |
| September | 1.5560 | 1.5276 | 1.5438 |
| October | 1.5597 | 1.5293 | 1.5476 |
| November | 1.6704 | 1.5504 | 1.6176 |
| December | 1.6635 | 1.6379 | 1.6494 |