2023 JMD to DJF Historical Review

YEARLY HIGH

1.1823 DJF

YEARLY LOW

1.1351 DJF

YEARLY AVERAGE

1.1544 DJF

2023 JMD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 1.1823. Conversely, the yearly low was recorded on November 8, dropping to 1.1351.

This high-to-low spread represents a total annual volatility of 0.0472 DJF. From a start-to-finish perspective, comparing the January average rate of 1.1627 to the December average rate of 1.1467, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1823 was down 0.69% compared to the 2022 peak of 1.1905, 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 5,912 DJF

2022 Average 5,802 DJF

Yearly Trough Low 5,676 DJF

Transaction Impact: A difference of 235.98 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1722

1.1410

JanuMarcMayJulySeptNove

JMD to DJF 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 1.1600, compared to 1.1487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 1.1600

H2 Avg (Jul–Dec) 1.1487

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0348 DJF (High: 1.1823 / Low: 1.1475). On the other end, September was the most stable month, with a tight range of 0.0074 DJF (High: 1.1562 / Low: 1.1487).

April Spread (Volatile) ±0.0348

September Spread (Stable) ±0.0074

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 0.0134 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.1676) against the same month in 2022 (average: 1.1544), the exchange rate shifted by +0.0132 (+1.14%).

2023 Avg (April) 1.1676

2022 Avg (April) 1.1544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1775	1.1530	1.1627
February	1.1630	1.1430	1.1539
March	1.1805	1.1548	1.1696
April	1.1823	1.1475	1.1676
May	1.1639	1.1488	1.1541
June	1.1572	1.1468	1.1520
July	1.1573	1.1481	1.1518
August	1.1572	1.1420	1.1506
September	1.1562	1.1487	1.1519
October	1.1533	1.1415	1.1478
November	1.1505	1.1351	1.1436
December	1.1525	1.1397	1.1467