2023 AUD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 109.9795. Conversely, the yearly low was recorded on October 25, dropping to 97.4174.
This high-to-low spread represents a total annual volatility of 12.5621 JMD. From a start-to-finish perspective, comparing the January average rate of 106.4013 to the December average rate of 104.1196, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 109.9795 was down 5.41% compared to the 2022 peak of 116.2673, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD 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 103.6670, compared to 101.1140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 8.4175 JMD (High: 109.9795 / Low: 101.5620). On the other end, September was the most stable month, with a tight range of 1.6005 JMD (High: 99.8537 / Low: 98.2533).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 4.7426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 106.4013) against the same month in 2022 (average: 111.1435), the exchange rate shifted by -4.7422 (-4.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.9795 | 101.5620 | 106.4013 |
| February | 109.5338 | 103.4200 | 106.2305 |
| March | 103.7736 | 100.0900 | 101.4879 |
| April | 103.1427 | 99.8902 | 101.7184 |
| May | 104.7338 | 100.1542 | 102.3436 |
| June | 106.3170 | 101.6380 | 103.8202 |
| July | 106.5719 | 102.0100 | 103.8007 |
| August | 102.2780 | 98.6291 | 100.1867 |
| September | 99.8537 | 98.2533 | 99.2492 |
| October | 99.9896 | 97.4174 | 98.3503 |
| November | 103.2865 | 98.8196 | 100.9774 |
| December | 106.2059 | 101.6457 | 104.1196 |