2023 JMD to JPY Historical Review

YEARLY HIGH

0.9796 JPY

YEARLY LOW

0.8368 JPY

YEARLY AVERAGE

0.9117 JPY

2023 JMD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.9796. Conversely, the yearly low was recorded on January 13, dropping to 0.8368.

This high-to-low spread represents a total annual volatility of 0.1428 JPY. From a start-to-finish perspective, comparing the January average rate of 0.8516 to the December average rate of 0.9250, the exchange rate registered a net change of 8.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9796 was down 0.42% compared to the 2022 peak of 0.9838, 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 4,898 JPY

2022 Average 4,286 JPY

Yearly Trough Low 4,184 JPY

Transaction Impact: A difference of 714.17 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9765

0.8402

JanuMarcMayJulySeptNove

JMD to JPY 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 0.8796, compared to 0.9438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0641 points.

H1 Avg (Jan–Jun) 0.8796

H2 Avg (Jul–Dec) 0.9438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0501 JPY (High: 0.9425 / Low: 0.8924). On the other end, September was the most stable month, with a tight range of 0.0183 JPY (High: 0.9659 / Low: 0.9476).

July Spread (Volatile) ±0.0501

September Spread (Stable) ±0.0183

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0394 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9652) against the same month in 2022 (average: 0.9622), the exchange rate shifted by +0.0029 (+0.30%).

2023 Avg (October) 0.9652

2022 Avg (October) 0.9622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8769	0.8368	0.8516
February	0.8873	0.8374	0.8636
March	0.8974	0.8653	0.8794
April	0.9027	0.8602	0.8779
May	0.9126	0.8682	0.8906
June	0.9381	0.8965	0.9149
July	0.9425	0.8924	0.9152
August	0.9484	0.9165	0.9365
September	0.9659	0.9476	0.9565
October	0.9796	0.9575	0.9652
November	0.9754	0.9451	0.9644
December	0.9498	0.9084	0.9250