2023 JMD to KMF Historical Review

YEARLY HIGH

3.0882 KMF

YEARLY LOW

2.8306 KMF

YEARLY AVERAGE

2.9570 KMF

2023 JMD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 3.0882. Conversely, the yearly low was recorded on July 17, dropping to 2.8306.

This high-to-low spread represents a total annual volatility of 0.2576 KMF. From a start-to-finish perspective, comparing the January average rate of 2.9899 to the December average rate of 2.9046, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0882 was down 8.65% compared to the 2022 peak of 3.3805, 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 15,441 KMF

2022 Average 15,240 KMF

Yearly Trough Low 14,153 KMF

Transaction Impact: A difference of 1,288.07 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0469

2.8741

JanuMarcMayJulySeptNove

JMD to KMF 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 2.9736, compared to 2.9404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 2.9736

H2 Avg (Jul–Dec) 2.9404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1582 KMF (High: 3.0882 / Low: 2.9300). On the other end, October was the most stable month, with a tight range of 0.0523 KMF (High: 3.0401 / Low: 2.9877).

January Spread (Volatile) ±0.1582

October Spread (Stable) ±0.0523

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 0.0817 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.9899) against the same month in 2022 (average: 2.8052), the exchange rate shifted by +0.1847 (+6.58%).

2023 Avg (January) 2.9899

2022 Avg (January) 2.8052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0882	2.9300	2.9899
February	3.0284	2.9211	2.9832
March	3.0868	2.9893	3.0325
April	3.0037	2.9008	2.9508
May	2.9885	2.9027	2.9411
June	2.9855	2.9114	2.9441
July	2.9482	2.8306	2.8885
August	2.9547	2.8790	2.9198
September	3.0326	2.9471	2.9825
October	3.0401	2.9877	3.0090
November	3.0196	2.8782	2.9377
December	2.9437	2.8603	2.9046