2023 JMD to AMD Historical Review

YEARLY HIGH

2.7597 AMD

YEARLY LOW

2.4816 AMD

YEARLY AVERAGE

2.5474 AMD

2023 JMD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.7597. Conversely, the yearly low was recorded on September 22, dropping to 2.4816.

This high-to-low spread represents a total annual volatility of 0.2780 AMD. From a start-to-finish perspective, comparing the January average rate of 2.5874 to the December average rate of 2.6038, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7597 was down 18.36% compared to the 2022 peak of 3.3805, 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 13,798 AMD

2022 Average 14,210 AMD

Yearly Trough Low 12,408 AMD

Transaction Impact: A difference of 1,390.21 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6181

2.4886

JanuMarcMayJulySeptNove

JMD to AMD 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 2.5432, compared to 2.5515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 2.5432

H2 Avg (Jul–Dec) 2.5515

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2084 AMD (High: 2.7597 / Low: 2.5513). On the other end, August was the most stable month, with a tight range of 0.0255 AMD (High: 2.5097 / Low: 2.4841).

October Spread (Volatile) ±0.2084

August Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0434 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6073) against the same month in 2022 (average: 2.6420), the exchange rate shifted by -0.0347 (-1.31%).

2023 Avg (October) 2.6073

2022 Avg (October) 2.6420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6063	2.5677	2.5874
February	2.5883	2.5235	2.5548
March	2.5836	2.5304	2.5557
April	2.5889	2.5060	2.5520
May	2.5393	2.4863	2.5086
June	2.5123	2.4854	2.5008
July	2.5282	2.4948	2.5115
August	2.5097	2.4841	2.4994
September	2.5566	2.4816	2.5002
October	2.7597	2.5513	2.6073
November	2.6033	2.5726	2.5870
December	2.6202	2.5872	2.6038