2023 JMD to NIO Historical Review

YEARLY HIGH

0.2431 NIO

YEARLY LOW

0.2341 NIO

YEARLY AVERAGE

0.2373 NIO

2023 JMD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.2431. Conversely, the yearly low was recorded on November 8, dropping to 0.2341.

This high-to-low spread represents a total annual volatility of 0.0090 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2386 to the December average rate of 0.2361, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2431 was down 0.33% compared to the 2022 peak of 0.2439, 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 1,215 NIO

2022 Average 1,169 NIO

Yearly Trough Low 1,171 NIO

Transaction Impact: A difference of 44.89 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2408

0.2351

JanuMarcMayJulySeptNove

JMD to NIO 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 0.2382, compared to 0.2363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.2382

H2 Avg (Jul–Dec) 0.2363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0058 NIO (High: 0.2428 / Low: 0.2370). On the other end, September was the most stable month, with a tight range of 0.0015 NIO (High: 0.2373 / Low: 0.2358).

March Spread (Volatile) ±0.0058

September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0029 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2400) against the same month in 2022 (average: 0.2317), the exchange rate shifted by +0.0084 (+3.62%).

2023 Avg (April) 0.2400

2022 Avg (April) 0.2317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2418	0.2367	0.2386
February	0.2384	0.2357	0.2366
March	0.2428	0.2370	0.2403
April	0.2431	0.2382	0.2400
May	0.2390	0.2360	0.2371
June	0.2383	0.2355	0.2366
July	0.2388	0.2360	0.2368
August	0.2385	0.2353	0.2366
September	0.2373	0.2358	0.2367
October	0.2371	0.2349	0.2361
November	0.2371	0.2341	0.2356
December	0.2378	0.2349	0.2361