2023 JMD to AED Historical Review

YEARLY HIGH

0.0246 AED

YEARLY LOW

0.0235 AED

YEARLY AVERAGE

0.0238 AED

2023 JMD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0246. Conversely, the yearly low was recorded on November 8, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0011 AED. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0236, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0246 was down 0.91% compared to the 2022 peak of 0.0248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 AED

2022 Average 120 AED

Yearly Trough Low 117 AED

Transaction Impact: A difference of 5.50 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0242

0.0236

JanuMarcMayJulySeptNove

JMD to AED 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 0.0240, compared to 0.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0240

H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 AED (High: 0.0246 / Low: 0.0238). On the other end, September was the most stable month, with a tight range of 0.0002 AED (High: 0.0238 / Low: 0.0236).

March Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0242) against the same month in 2022 (average: 0.0239), the exchange rate shifted by +0.0003 (+1.07%).

2023 Avg (March) 0.0242

2022 Avg (March) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0243	0.0238	0.0240
February	0.0240	0.0236	0.0238
March	0.0246	0.0238	0.0242
April	0.0244	0.0239	0.0241
May	0.0240	0.0236	0.0238
June	0.0239	0.0237	0.0238
July	0.0240	0.0237	0.0238
August	0.0239	0.0236	0.0238
September	0.0238	0.0236	0.0238
October	0.0238	0.0236	0.0237
November	0.0239	0.0235	0.0236
December	0.0238	0.0235	0.0236