2023 CDF to JMD Historical Review

YEARLY HIGH

0.0757 JMD

YEARLY LOW

0.0556 JMD

YEARLY AVERAGE

0.0666 JMD

2023 CDF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0757. Conversely, the yearly low was recorded on December 20, dropping to 0.0556.

This high-to-low spread represents a total annual volatility of 0.0201 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0571, the exchange rate registered a net change of -23.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0757 was down 3.64% compared to the 2022 peak of 0.0785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 378 JMD

2022 Average 380 JMD

Yearly Trough Low 278 JMD

Transaction Impact: A difference of 100.47 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0766

0.0553

JanuMarcMayJulySeptNove

CDF 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 0.0720, compared to 0.0611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0720

H2 Avg (Jul–Dec) 0.0611

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0096 JMD (High: 0.0757 / Low: 0.0660). On the other end, September was the most stable month, with a tight range of 0.0012 JMD (High: 0.0629 / Low: 0.0617).

May Spread (Volatile) ±0.0096

September Spread (Stable) ±0.0012

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 May and June, when the average rate fell by 0.0052 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0707) against the same month in 2022 (average: 0.0770), the exchange rate shifted by -0.0063 (-8.18%).

2023 Avg (May) 0.0707

2022 Avg (May) 0.0770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0754	0.0734	0.0746
February	0.0755	0.0741	0.0748
March	0.0750	0.0723	0.0735
April	0.0747	0.0697	0.0731
May	0.0757	0.0660	0.0707
June	0.0666	0.0640	0.0655
July	0.0640	0.0606	0.0625
August	0.0634	0.0620	0.0624
September	0.0629	0.0617	0.0622
October	0.0628	0.0596	0.0615
November	0.0629	0.0571	0.0611
December	0.0584	0.0556	0.0571