2023 JMD to ALL Historical Review

YEARLY HIGH

0.7306 ALL

YEARLY LOW

0.5811 ALL

YEARLY AVERAGE

0.6533 ALL

2023 JMD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.7306. Conversely, the yearly low was recorded on July 20, dropping to 0.5811.

This high-to-low spread represents a total annual volatility of 0.1495 ALL. From a start-to-finish perspective, comparing the January average rate of 0.7061 to the December average rate of 0.6063, the exchange rate registered a net change of -14.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7306 was down 8.20% compared to the 2022 peak of 0.7959, 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 3,653 ALL

2022 Average 3,685 ALL

Yearly Trough Low 2,906 ALL

Transaction Impact: A difference of 747.61 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7161

0.5961

JanuMarcMayJulySeptNove

JMD to ALL 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 0.6814, compared to 0.6252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0562 points.

H1 Avg (Jan–Jun) 0.6814

H2 Avg (Jul–Dec) 0.6252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0591 ALL (High: 0.6605 / Low: 0.6014). On the other end, December was the most stable month, with a tight range of 0.0094 ALL (High: 0.6105 / Low: 0.6011).

August Spread (Volatile) ±0.0591

December Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7061) against the same month in 2022 (average: 0.6918), the exchange rate shifted by +0.0142 (+2.05%).

2023 Avg (January) 0.7061

2022 Avg (January) 0.6918

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7306	0.6933	0.7061
February	0.7071	0.6868	0.7005
March	0.7131	0.6914	0.7037
April	0.6931	0.6548	0.6732
May	0.6771	0.6550	0.6637
June	0.6606	0.6307	0.6411
July	0.6367	0.5811	0.6061
August	0.6605	0.6014	0.6266
September	0.6546	0.6427	0.6478
October	0.6539	0.6411	0.6462
November	0.6450	0.5986	0.6185
December	0.6105	0.6011	0.6063