2023 ARS to JMD Historical Review

YEARLY HIGH

0.8584 JMD

YEARLY LOW

0.1909 JMD

YEARLY AVERAGE

0.5890 JMD

2023 ARS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8584. Conversely, the yearly low was recorded on December 31, dropping to 0.1909.

This high-to-low spread represents a total annual volatility of 0.6675 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8399 to the December average rate of 0.2843, the exchange rate registered a net change of -66.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8584 was down 42.77% compared to the 2022 peak of 1.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,292 JMD

2022 Average 6,031 JMD

Yearly Trough Low 955 JMD

Transaction Impact: A difference of 3,337.69 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8955

0.2287

JanuMarcMayJulySeptNove

ARS 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 0.7321, compared to 0.4460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2862 points.

H1 Avg (Jan–Jun) 0.7321

H2 Avg (Jul–Dec) 0.4460

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2377 JMD (High: 0.4286 / Low: 0.1909). On the other end, September was the most stable month, with a tight range of 0.0034 JMD (High: 0.4438 / Low: 0.4404).

December Spread (Volatile) ±0.2377

September Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1555 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8399) against the same month in 2022 (average: 1.4915), the exchange rate shifted by -0.6516 (-43.69%).

2023 Avg (January) 0.8399

2022 Avg (January) 1.4915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8584	0.8227	0.8399
February	0.8289	0.7795	0.8045
March	0.7784	0.7229	0.7503
April	0.7249	0.6823	0.7072
May	0.6925	0.6442	0.6681
June	0.6439	0.6012	0.6228
July	0.6012	0.5620	0.5808
August	0.5614	0.4400	0.4865
September	0.4438	0.4404	0.4417
October	0.4450	0.4411	0.4427
November	0.4475	0.4314	0.4398
December	0.4286	0.1909	0.2843