2023 AZN to JMD Historical Review

YEARLY HIGH

92.1202 JMD

YEARLY LOW

87.9911 JMD

YEARLY AVERAGE

90.6213 JMD

2023 AZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 92.1202. Conversely, the yearly low was recorded on March 19, dropping to 87.9911.

This high-to-low spread represents a total annual volatility of 4.1291 JMD. From a start-to-finish perspective, comparing the January average rate of 89.9260 to the December average rate of 91.3635, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.1202 was down 0.76% compared to the 2022 peak of 92.8293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 460,601 JMD

2022 Average 451,260 JMD

Yearly Trough Low 439,956 JMD

Transaction Impact: A difference of 20,645.47 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.5661

89.1344

JanuMarcMayJulySeptNove

AZN 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 90.1675, compared to 91.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9076 points.

H1 Avg (Jan–Jun) 90.1675

H2 Avg (Jul–Dec) 91.0751

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.6106 JMD (High: 90.6017 / Low: 87.9911). On the other end, September was the most stable month, with a tight range of 0.7065 JMD (High: 91.3705 / Low: 90.6640).

March Spread (Volatile) ±2.6106

September Spread (Stable) ±0.7065

Growth Streaks & Declines

Trends

Between 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 1.3950 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 91.3551) against the same month in 2022 (average: 90.3895), the exchange rate shifted by +0.9655 (+1.07%).

2023 Avg (November) 91.3551

2022 Avg (November) 90.3895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	90.6897	88.8301	89.9260
February	91.7274	90.1452	90.7321
March	90.6017	87.9911	89.3371
April	90.3407	88.5293	89.4944
May	91.3513	89.8963	90.6486
June	91.3242	90.2188	90.8670
July	91.0772	90.0293	90.7277
August	91.5960	90.2745	90.9507
September	91.3705	90.6640	90.9052
October	91.6393	90.8027	91.1482
November	92.1202	90.4299	91.3551
December	92.0299	90.8871	91.3635