2023 JMD to GBP Historical Review

YEARLY HIGH

0.0055 GBP

YEARLY LOW

0.0049 GBP

YEARLY AVERAGE

0.0052 GBP

2023 JMD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0055. Conversely, the yearly low was recorded on July 13, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0006 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0051, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0055 was down 9.89% compared to the 2022 peak of 0.0061, 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 28 GBP

2022 Average 26 GBP

Yearly Trough Low 25 GBP

Transaction Impact: A difference of 3.05 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0055

0.0050

JanuMarcMayJulySeptNove

JMD to GBP 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 0.0053, compared to 0.0052 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) 0.0053

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 GBP (High: 0.0055 / Low: 0.0052). On the other end, December was the most stable month, with a tight range of 0.0001 GBP (High: 0.0051 / Low: 0.0050).

January Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0053) against the same month in 2022 (average: 0.0048), the exchange rate shifted by +0.0006 (+12.23%).

2023 Avg (January) 0.0053

2022 Avg (January) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0052	0.0053
February	0.0054	0.0053	0.0054
March	0.0055	0.0053	0.0054
April	0.0054	0.0052	0.0053
May	0.0053	0.0051	0.0052
June	0.0052	0.0050	0.0051
July	0.0051	0.0049	0.0050
August	0.0052	0.0050	0.0051
September	0.0053	0.0051	0.0052
October	0.0053	0.0052	0.0053
November	0.0053	0.0051	0.0052
December	0.0051	0.0050	0.0051