2023 JMD to BOB Historical Review

YEARLY HIGH

0.0460 BOB

YEARLY LOW

0.0442 BOB

YEARLY AVERAGE

0.0448 BOB

2023 JMD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0460. Conversely, the yearly low was recorded on November 8, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0018 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0452 to the December average rate of 0.0445, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0460 was down 0.25% compared to the 2022 peak of 0.0461, 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 230 BOB

2022 Average 225 BOB

Yearly Trough Low 221 BOB

Transaction Impact: A difference of 8.99 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0455

0.0443

JanuMarcMayJulySeptNove

JMD to BOB 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 0.0451, compared to 0.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0451

H2 Avg (Jul–Dec) 0.0446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 BOB (High: 0.0460 / Low: 0.0449). On the other end, September was the most stable month, with a tight range of 0.0002 BOB (High: 0.0448 / Low: 0.0446).

March Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0454) against the same month in 2022 (average: 0.0448), the exchange rate shifted by +0.0006 (+1.39%).

2023 Avg (March) 0.0454

2022 Avg (March) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0458	0.0448	0.0452
February	0.0451	0.0447	0.0448
March	0.0460	0.0449	0.0454
April	0.0459	0.0450	0.0454
May	0.0452	0.0446	0.0448
June	0.0451	0.0445	0.0447
July	0.0450	0.0446	0.0448
August	0.0450	0.0444	0.0447
September	0.0448	0.0446	0.0447
October	0.0447	0.0444	0.0446
November	0.0447	0.0442	0.0444
December	0.0447	0.0444	0.0445