2023 JMD to CZK Historical Review

YEARLY HIGH

0.1514 CZK

YEARLY LOW

0.1369 CZK

YEARLY AVERAGE

0.1441 CZK

2023 JMD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.1514. Conversely, the yearly low was recorded on July 17, dropping to 0.1369.

This high-to-low spread represents a total annual volatility of 0.0145 CZK. From a start-to-finish perspective, comparing the January average rate of 0.1453 to the December average rate of 0.1444, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1514 was down 10.64% compared to the 2022 peak of 0.1694, 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 757 CZK

2022 Average 762 CZK

Yearly Trough Low 684 CZK

Transaction Impact: A difference of 72.58 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1512

0.1391

JanuMarcMayJulySeptNove

JMD to CZK 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 0.1430, compared to 0.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1430

H2 Avg (Jul–Dec) 0.1452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0099 CZK (High: 0.1512 / Low: 0.1414). On the other end, October was the most stable month, with a tight range of 0.0028 CZK (High: 0.1514 / Low: 0.1486).

January Spread (Volatile) ±0.0099

October Spread (Stable) ±0.0028

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 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1502) against the same month in 2022 (average: 0.1632), the exchange rate shifted by -0.0131 (-8.02%).

2023 Avg (October) 0.1502

2022 Avg (October) 0.1632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1512	0.1414	0.1453
February	0.1454	0.1410	0.1437
March	0.1504	0.1428	0.1456
April	0.1443	0.1383	0.1405
May	0.1437	0.1378	0.1411
June	0.1430	0.1399	0.1415
July	0.1423	0.1369	0.1401
August	0.1451	0.1407	0.1430
September	0.1497	0.1449	0.1478
October	0.1514	0.1486	0.1502
November	0.1504	0.1420	0.1456
December	0.1460	0.1429	0.1444