2023 JMD to MDL Historical Review

YEARLY HIGH

0.1268 MDL

YEARLY LOW

0.1114 MDL

YEARLY AVERAGE

0.1175 MDL

2023 JMD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1268. Conversely, the yearly low was recorded on December 28, dropping to 0.1114.

This high-to-low spread represents a total annual volatility of 0.0154 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1242 to the December average rate of 0.1134, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1268 was down 2.96% compared to the 2022 peak of 0.1307, 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 634 MDL

2022 Average 615 MDL

Yearly Trough Low 557 MDL

Transaction Impact: A difference of 77.00 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1253

0.1123

JanuMarcMayJulySeptNove

JMD to MDL 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 0.1197, compared to 0.1153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1197

H2 Avg (Jul–Dec) 0.1153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0072 MDL (High: 0.1193 / Low: 0.1121). On the other end, October was the most stable month, with a tight range of 0.0017 MDL (High: 0.1177 / Low: 0.1159).

July Spread (Volatile) ±0.0072

October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1242) against the same month in 2022 (average: 0.1156), the exchange rate shifted by +0.0086 (+7.43%).

2023 Avg (January) 0.1242

2022 Avg (January) 0.1156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1268	0.1217	0.1242
February	0.1229	0.1210	0.1217
March	0.1236	0.1215	0.1225
April	0.1216	0.1169	0.1186
May	0.1173	0.1142	0.1153
June	0.1187	0.1145	0.1159
July	0.1193	0.1121	0.1160
August	0.1153	0.1133	0.1143
September	0.1177	0.1151	0.1163
October	0.1177	0.1159	0.1170
November	0.1170	0.1136	0.1149
December	0.1153	0.1114	0.1134