2023 CRC to JMD Historical Review

YEARLY HIGH

0.2977 JMD

YEARLY LOW

0.2552 JMD

YEARLY AVERAGE

0.2847 JMD

2023 CRC to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2977. Conversely, the yearly low was recorded on January 2, dropping to 0.2552.

This high-to-low spread represents a total annual volatility of 0.0425 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2662 to the December average rate of 0.2958, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2977 was up 12.83% compared to the 2022 peak of 0.2639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,489 JMD

2022 Average 1,191 JMD

Yearly Trough Low 1,276 JMD

Transaction Impact: A difference of 212.60 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2987

0.2632

JanuMarcMayJulySeptNove

CRC 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 0.2791, compared to 0.2902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.2791

H2 Avg (Jul–Dec) 0.2902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0233 JMD (High: 0.2785 / Low: 0.2552). On the other end, November was the most stable month, with a tight range of 0.0037 JMD (High: 0.2938 / Low: 0.2901).

January Spread (Volatile) ±0.0233

November Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2958) against the same month in 2022 (average: 0.2599), the exchange rate shifted by +0.0358 (+13.78%).

2023 Avg (December) 0.2958

2022 Avg (December) 0.2599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2785	0.2552	0.2662
February	0.2779	0.2651	0.2730
March	0.2799	0.2742	0.2784
April	0.2889	0.2787	0.2841
May	0.2898	0.2817	0.2867
June	0.2886	0.2840	0.2861
July	0.2885	0.2823	0.2856
August	0.2902	0.2836	0.2873
September	0.2918	0.2861	0.2886
October	0.2936	0.2888	0.2913
November	0.2938	0.2901	0.2928
December	0.2977	0.2920	0.2958