2023 JMD to BBD Historical Review

YEARLY HIGH

0.0134 BBD

YEARLY LOW

0.0128 BBD

YEARLY AVERAGE

0.0130 BBD

2023 JMD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0134. Conversely, the yearly low was recorded on November 8, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0006 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0129, 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 0.0134 was down 0.91% compared to the 2022 peak of 0.0135, 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 67 BBD

2022 Average 65 BBD

Yearly Trough Low 64 BBD

Transaction Impact: A difference of 3.00 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0132

0.0128

JanuMarcMayJulySeptNove

JMD to BBD 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 0.0130, compared to 0.0129 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) 0.0130

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0004 BBD (High: 0.0134 / Low: 0.0130). On the other end, September was the most stable month, with a tight range of 0.0001 BBD (High: 0.0130 / Low: 0.0129).

March 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: 0.0132) against the same month in 2022 (average: 0.0130), the exchange rate shifted by +0.0001 (+1.08%).

2023 Avg (March) 0.0132

2022 Avg (March) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0132	0.0130	0.0131
February	0.0131	0.0128	0.0130
March	0.0134	0.0130	0.0132
April	0.0133	0.0130	0.0131
May	0.0131	0.0129	0.0130
June	0.0130	0.0129	0.0129
July	0.0131	0.0129	0.0130
August	0.0130	0.0128	0.0129
September	0.0130	0.0129	0.0129
October	0.0130	0.0128	0.0129
November	0.0130	0.0128	0.0129
December	0.0129	0.0128	0.0129