2023 JMD to EGP Historical Review

YEARLY HIGH

0.2057 EGP

YEARLY LOW

0.1632 EGP

YEARLY AVERAGE

0.1990 EGP

2023 JMD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.2057. Conversely, the yearly low was recorded on January 1, dropping to 0.1632.

This high-to-low spread represents a total annual volatility of 0.0425 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1872 to the December average rate of 0.1989, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2057 was up 26.22% compared to the 2022 peak of 0.1629, 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 1,028 EGP

2022 Average 627 EGP

Yearly Trough Low 816 EGP

Transaction Impact: A difference of 212.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2044

0.1856

JanuMarcMayJulySeptNove

JMD to EGP 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 0.1984, compared to 0.1995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1984

H2 Avg (Jul–Dec) 0.1995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0330 EGP (High: 0.1962 / Low: 0.1632). On the other end, September was the most stable month, with a tight range of 0.0017 EGP (High: 0.2006 / Low: 0.1989).

January Spread (Volatile) ±0.0330

September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2028) against the same month in 2022 (average: 0.1086), the exchange rate shifted by +0.0943 (+86.85%).

2023 Avg (March) 0.2028

2022 Avg (March) 0.1086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1962	0.1632	0.1872
February	0.1994	0.1942	0.1976
March	0.2057	0.1998	0.2028
April	0.2053	0.2002	0.2027
May	0.2032	0.1966	0.2001
June	0.2015	0.1989	0.2000
July	0.2020	0.1993	0.2002
August	0.2017	0.1985	0.1999
September	0.2006	0.1989	0.1999
October	0.2002	0.1985	0.1993
November	0.2000	0.1973	0.1988
December	0.2001	0.1974	0.1989