2023 JMD to CNY Historical Review

YEARLY HIGH

0.0475 CNY

YEARLY LOW

0.0434 CNY

YEARLY AVERAGE

0.0459 CNY

2023 JMD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0475. Conversely, the yearly low was recorded on February 5, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0041 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0444 to the December average rate of 0.0458, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0475 was down 0.70% compared to the 2022 peak of 0.0479, 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 238 CNY

2022 Average 219 CNY

Yearly Trough Low 217 CNY

Transaction Impact: A difference of 20.48 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0475

0.0441

JanuMarcMayJulySeptNove

JMD to CNY 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 0.0452, compared to 0.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0452

H2 Avg (Jul–Dec) 0.0466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0019 CNY (High: 0.0458 / Low: 0.0439). On the other end, September was the most stable month, with a tight range of 0.0006 CNY (High: 0.0475 / Low: 0.0469).

January Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0472) against the same month in 2022 (average: 0.0463), the exchange rate shifted by +0.0009 (+2.01%).

2023 Avg (September) 0.0472

2022 Avg (September) 0.0463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0458	0.0439	0.0444
February	0.0451	0.0434	0.0444
March	0.0460	0.0447	0.0454
April	0.0457	0.0449	0.0453
May	0.0461	0.0449	0.0453
June	0.0470	0.0456	0.0463
July	0.0473	0.0459	0.0466
August	0.0473	0.0462	0.0468
September	0.0475	0.0469	0.0472
October	0.0474	0.0462	0.0469
November	0.0473	0.0456	0.0464
December	0.0462	0.0453	0.0458