2023 JMD to BTN Historical Review

YEARLY HIGH

0.5492 BTN

YEARLY LOW

0.5291 BTN

YEARLY AVERAGE

0.5358 BTN

2023 JMD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5492. Conversely, the yearly low was recorded on January 22, dropping to 0.5291.

This high-to-low spread represents a total annual volatility of 0.0201 BTN. From a start-to-finish perspective, comparing the January average rate of 0.5353 to the December average rate of 0.5365, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5492 was up 0.89% compared to the 2022 peak of 0.5443, 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 2,746 BTN

2022 Average 2,562 BTN

Yearly Trough Low 2,645 BTN

Transaction Impact: A difference of 100.45 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5421

0.5311

JanuMarcMayJulySeptNove

JMD to BTN 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 0.5360, compared to 0.5356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.5360

H2 Avg (Jul–Dec) 0.5356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0201 BTN (High: 0.5492 / Low: 0.5291). On the other end, September was the most stable month, with a tight range of 0.0035 BTN (High: 0.5389 / Low: 0.5354).

January Spread (Volatile) ±0.0201

September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5353) against the same month in 2022 (average: 0.4802), the exchange rate shifted by +0.0550 (+11.46%).

2023 Avg (January) 0.5353

2022 Avg (January) 0.4802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5492	0.5291	0.5353
February	0.5384	0.5296	0.5355
March	0.5478	0.5327	0.5412
April	0.5470	0.5327	0.5383
May	0.5374	0.5304	0.5340
June	0.5348	0.5298	0.5320
July	0.5376	0.5298	0.5322
August	0.5399	0.5312	0.5356
September	0.5389	0.5354	0.5371
October	0.5388	0.5345	0.5366
November	0.5386	0.5321	0.5356
December	0.5388	0.5334	0.5365