2023 JMD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |