YEARLY HIGH
0.0070 JMD
YEARLY LOW
0.0066 JMD
YEARLY AVERAGE
0.0068 JMD

2023 STD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0070. Conversely, the yearly low was recorded on March 19, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0005 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0070, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0070 was down 5.87% compared to the 2022 peak of 0.0075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35 JMD
2022 Average 35 JMD
Yearly Trough Low 33 JMD
Transaction Impact: A difference of 2.37 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0070
0.0066
JanuMarcMayJulySeptNove

STD 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 0.0067, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 JMD (High: 0.0069 / Low: 0.0067). On the other end, September was the most stable month, with a tight range of 0.0001 JMD (High: 0.0070 / Low: 0.0069).

July Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0070) against the same month in 2022 (average: 0.0067), the exchange rate shifted by +0.0002 (+3.57%).

2023 Avg (November) 0.0070
2022 Avg (November) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0068 0.0066 0.0067
February 0.0068 0.0067 0.0068
March 0.0067 0.0066 0.0067
April 0.0067 0.0066 0.0067
May 0.0068 0.0067 0.0068
June 0.0068 0.0067 0.0068
July 0.0069 0.0067 0.0068
August 0.0070 0.0069 0.0069
September 0.0070 0.0069 0.0069
October 0.0070 0.0069 0.0070
November 0.0070 0.0069 0.0070
December 0.0070 0.0069 0.0070