YEARLY HIGH
0.0320 LYD
YEARLY LOW
0.0306 LYD
YEARLY AVERAGE
0.0312 LYD

2023 JMD to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0320. Conversely, the yearly low was recorded on February 3, dropping to 0.0306.

This high-to-low spread represents a total annual volatility of 0.0013 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0313 to the December average rate of 0.0310, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0320 was down 4.16% compared to the 2022 peak of 0.0334, 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 160 LYD
2022 Average 157 LYD
Yearly Trough Low 153 LYD
Transaction Impact: A difference of 6.75 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0317
0.0308
JanuMarcMayJulySeptNove

JMD to LYD 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 0.0312, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0312
H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 LYD (High: 0.0320 / Low: 0.0309). On the other end, June was the most stable month, with a tight range of 0.0003 LYD (High: 0.0313 / Low: 0.0310).

January Spread (Volatile) ±0.0011
June Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0313) against the same month in 2022 (average: 0.0296), the exchange rate shifted by +0.0017 (+5.61%).

2023 Avg (January) 0.0313
2022 Avg (January) 0.0296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0309 0.0313
February 0.0315 0.0306 0.0311
March 0.0319 0.0314 0.0316
April 0.0318 0.0310 0.0313
May 0.0313 0.0308 0.0310
June 0.0313 0.0310 0.0312
July 0.0313 0.0306 0.0309
August 0.0313 0.0308 0.0311
September 0.0316 0.0312 0.0314
October 0.0317 0.0314 0.0316
November 0.0316 0.0308 0.0312
December 0.0311 0.0307 0.0310