YEARLY HIGH
0.1283 LSL
YEARLY LOW
0.1101 LSL
YEARLY AVERAGE
0.1198 LSL

2023 JMD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.1283. Conversely, the yearly low was recorded on January 13, dropping to 0.1101.

This high-to-low spread represents a total annual volatility of 0.0183 LSL. From a start-to-finish perspective, comparing the January average rate of 0.1119 to the December average rate of 0.1202, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1283 was up 6.20% compared to the 2022 peak of 0.1208, 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 642 LSL
2022 Average 533 LSL
Yearly Trough Low 550 LSL
Transaction Impact: A difference of 91.30 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1247
0.1107
JanuMarcMayJulySeptNove

JMD to LSL 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 0.1187, compared to 0.1209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1187
H2 Avg (Jul–Dec) 0.1209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0104 LSL (High: 0.1280 / Low: 0.1175). On the other end, September was the most stable month, with a tight range of 0.0030 LSL (High: 0.1244 / Low: 0.1214).

June Spread (Volatile) ±0.0104
September Spread (Stable) ±0.0030

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 October and November, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1235) against the same month in 2022 (average: 0.1029), the exchange rate shifted by +0.0206 (+20.04%).

2023 Avg (May) 0.1235
2022 Avg (May) 0.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1133 0.1101 0.1119
February 0.1200 0.1110 0.1161
March 0.1232 0.1182 0.1203
April 0.1211 0.1179 0.1192
May 0.1283 0.1192 0.1235
June 0.1280 0.1175 0.1212
July 0.1235 0.1138 0.1182
August 0.1261 0.1166 0.1216
September 0.1244 0.1214 0.1227
October 0.1255 0.1209 0.1230
November 0.1258 0.1166 0.1197
December 0.1228 0.1167 0.1202