YEARLY HIGH
101.0383 LBP
YEARLY LOW
9.7648 LBP
YEARLY AVERAGE
89.1052 LBP

2023 JMD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 101.0383. Conversely, the yearly low was recorded on February 3, dropping to 9.7648.

This high-to-low spread represents a total annual volatility of 91.2735 LBP. From a start-to-finish perspective, comparing the January average rate of 9.9162 to the December average rate of 96.9010, the exchange rate registered a net change of 877.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 101.0383 was up 894.93% compared to the 2022 peak of 10.1553, 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 505,192 LBP
2022 Average 49,398 LBP
Yearly Trough Low 48,824 LBP
Transaction Impact: A difference of 456,367.53 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

108.1763
0.9834
JanuMarcMayJulySeptNove

JMD to LBP 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 81.0588, compared to 97.1517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0928 points.

H1 Avg (Jan–Jun) 81.0588
H2 Avg (Jul–Dec) 97.1517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 90.3087 LBP (High: 100.0735 / Low: 9.7648). On the other end, January was the most stable month, with a tight range of 0.2805 LBP (High: 10.1088 / Low: 9.8283).

February Spread (Volatile) ±90.3087
January Spread (Stable) ±0.2805

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 1.3318 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 99.2253) against the same month in 2022 (average: 9.8130), the exchange rate shifted by +89.4123 (+911.16%).

2023 Avg (April) 99.2253
2022 Avg (April) 9.8130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1088 9.8283 9.9162
February 100.0735 9.7648 82.1877
March 100.5409 98.1213 99.2435
April 101.0383 98.1106 99.2253
May 99.5655 96.8374 97.8936
June 99.4640 96.9283 97.8867
July 99.2435 96.9452 97.6694
August 98.6656 96.5425 97.3982
September 98.2899 96.8978 97.4088
October 97.3126 96.3181 96.9349
November 97.1264 95.7644 96.5977
December 97.3034 96.4539 96.9010