2023 JMD to AWG Historical Review

YEARLY HIGH

0.0120 AWG

YEARLY LOW

0.0114 AWG

YEARLY AVERAGE

0.0117 AWG

2023 JMD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0120. Conversely, the yearly low was recorded on November 23, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0007 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0116, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0120 was down 0.91% compared to the 2022 peak of 0.0121, 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 60 AWG

2022 Average 59 AWG

Yearly Trough Low 57 AWG

Transaction Impact: A difference of 3.38 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0119

0.0115

JanuMarcMayJulySeptNove

JMD to AWG 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 0.0118, compared to 0.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0118

H2 Avg (Jul–Dec) 0.0116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 AWG (High: 0.0117 / Low: 0.0114). On the other end, September was the most stable month, with a tight range of 0.0001 AWG (High: 0.0117 / Low: 0.0116).

November Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0119) against the same month in 2022 (average: 0.0117), the exchange rate shifted by +0.0001 (+1.11%).

2023 Avg (March) 0.0119

2022 Avg (March) 0.0117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0119	0.0117	0.0118
February	0.0117	0.0116	0.0117
March	0.0120	0.0117	0.0119
April	0.0120	0.0117	0.0118
May	0.0118	0.0116	0.0117
June	0.0117	0.0116	0.0117
July	0.0118	0.0116	0.0117
August	0.0117	0.0116	0.0116
September	0.0117	0.0116	0.0117
October	0.0117	0.0116	0.0116
November	0.0117	0.0114	0.0116
December	0.0117	0.0115	0.0116