2023 JMD to BMD Historical Review

YEARLY HIGH

0.0067 BMD

YEARLY LOW

0.0064 BMD

YEARLY AVERAGE

0.0065 BMD

2023 JMD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0067. Conversely, the yearly low was recorded on November 8, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0003 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0064, 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 0.0067 was down 0.91% compared to the 2022 peak of 0.0067, 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 33 BMD

2022 Average 33 BMD

Yearly Trough Low 32 BMD

Transaction Impact: A difference of 1.50 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066

0.0064

JanuMarcMayJulySeptNove

JMD to BMD 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 0.0065, compared to 0.0065 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) 0.0065

H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 BMD (High: 0.0067 / Low: 0.0065). On the other end, September was the most stable month, with a tight range of 0.0001 BMD (High: 0.0065 / Low: 0.0064).

March Spread (Volatile) ±0.0002

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 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0066) against the same month in 2022 (average: 0.0065), the exchange rate shifted by +0.0001 (+1.08%).

2023 Avg (March) 0.0066

2022 Avg (March) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0065	0.0065
February	0.0065	0.0064	0.0065
March	0.0067	0.0065	0.0066
April	0.0066	0.0065	0.0066
May	0.0065	0.0064	0.0065
June	0.0065	0.0064	0.0065
July	0.0065	0.0065	0.0065
August	0.0065	0.0064	0.0065
September	0.0065	0.0064	0.0065
October	0.0065	0.0064	0.0065
November	0.0065	0.0064	0.0064
December	0.0065	0.0064	0.0064