2023 JMD to BRL Historical Review

YEARLY HIGH

0.0363 BRL

YEARLY LOW

0.0305 BRL

YEARLY AVERAGE

0.0324 BRL

2023 JMD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0363. Conversely, the yearly low was recorded on July 31, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0057 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0315, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0363 was down 2.15% compared to the 2022 peak of 0.0371, 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 181 BRL

2022 Average 168 BRL

Yearly Trough Low 153 BRL

Transaction Impact: A difference of 28.68 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0346

0.0308

JanuMarcMayJulySeptNove

JMD to BRL 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 0.0331, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0331

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0034 BRL (High: 0.0363 / Low: 0.0329). On the other end, November was the most stable month, with a tight range of 0.0008 BRL (High: 0.0320 / Low: 0.0312).

January Spread (Volatile) ±0.0034

November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0339) against the same month in 2022 (average: 0.0356), the exchange rate shifted by -0.0017 (-4.78%).

2023 Avg (January) 0.0339

2022 Avg (January) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0363	0.0329	0.0339
February	0.0343	0.0328	0.0336
March	0.0353	0.0336	0.0343
April	0.0337	0.0322	0.0330
May	0.0330	0.0316	0.0323
June	0.0325	0.0309	0.0314
July	0.0319	0.0305	0.0311
August	0.0323	0.0309	0.0317
September	0.0326	0.0314	0.0320
October	0.0334	0.0322	0.0327
November	0.0320	0.0312	0.0315
December	0.0319	0.0310	0.0315