YEARLY HIGH
0.0134 BZD
YEARLY LOW
0.0129 BZD
YEARLY AVERAGE
0.0131 BZD

2023 JMD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0134. Conversely, the yearly low was recorded on November 8, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0005 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0130, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0134 was down 0.29% compared to the 2022 peak of 0.0134, 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 BZD
2022 Average 66 BZD
Yearly Trough Low 64 BZD
Transaction Impact: A difference of 2.60 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0133
0.0129
JanuMarcMayJulySeptNove

JMD to BZD 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 0.0131, compared to 0.0130 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) 0.0131
H2 Avg (Jul–Dec) 0.0130

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 BZD (High: 0.0134 / Low: 0.0131). On the other end, September was the most stable month, with a tight range of 0.0001 BZD (High: 0.0131 / Low: 0.0130).

March Spread (Volatile) ±0.0003
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 (April 2023: 0.0132) against the same month in 2022 (average: 0.0131), the exchange rate shifted by +0.0002 (+1.36%).

2023 Avg (April) 0.0132
2022 Avg (April) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

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