2023 JMD to NAD Historical Review

YEARLY HIGH

0.1305 NAD

YEARLY LOW

0.1099 NAD

YEARLY AVERAGE

0.1201 NAD

2023 JMD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.1305. Conversely, the yearly low was recorded on January 12, dropping to 0.1099.

This high-to-low spread represents a total annual volatility of 0.0206 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1117 to the December average rate of 0.1203, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1305 was up 7.67% compared to the 2022 peak of 0.1212, 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 653 NAD

2022 Average 532 NAD

Yearly Trough Low 549 NAD

Transaction Impact: A difference of 103.10 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1255

0.1105

JanuMarcMayJulySeptNove

JMD to NAD 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 0.1188, compared to 0.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1188

H2 Avg (Jul–Dec) 0.1214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0117 NAD (High: 0.1285 / Low: 0.1168). On the other end, January was the most stable month, with a tight range of 0.0028 NAD (High: 0.1127 / Low: 0.1099).

November Spread (Volatile) ±0.0117

January Spread (Stable) ±0.0028

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 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1243) against the same month in 2022 (average: 0.1185), the exchange rate shifted by +0.0058 (+4.89%).

2023 Avg (October) 0.1243

2022 Avg (October) 0.1185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1127	0.1099	0.1117
February	0.1199	0.1106	0.1159
March	0.1231	0.1184	0.1203
April	0.1217	0.1177	0.1195
May	0.1281	0.1192	0.1239
June	0.1276	0.1177	0.1213
July	0.1227	0.1141	0.1183
August	0.1283	0.1174	0.1219
September	0.1244	0.1215	0.1228
October	0.1305	0.1207	0.1243
November	0.1285	0.1168	0.1207
December	0.1228	0.1168	0.1203