2023 JMD to PEN Historical Review

YEARLY HIGH

0.0253 PEN

YEARLY LOW

0.0230 PEN

YEARLY AVERAGE

0.0243 PEN

2023 JMD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0253. Conversely, the yearly low was recorded on July 17, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0023 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0241, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0253 was down 3.47% compared to the 2022 peak of 0.0263, 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 127 PEN

2022 Average 125 PEN

Yearly Trough Low 115 PEN

Transaction Impact: A difference of 11.61 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0252

0.0232

JanuMarcMayJulySeptNove

JMD to PEN 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 0.0245, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0245

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 PEN (High: 0.0248 / Low: 0.0240). On the other end, June was the most stable month, with a tight range of 0.0004 PEN (High: 0.0238 / Low: 0.0234).

November Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0250) against the same month in 2022 (average: 0.0251), the exchange rate shifted by -0.0001 (-0.48%).

2023 Avg (January) 0.0250

2022 Avg (January) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0253	0.0247	0.0250
February	0.0253	0.0247	0.0249
March	0.0251	0.0245	0.0249
April	0.0250	0.0242	0.0247
May	0.0243	0.0236	0.0239
June	0.0238	0.0234	0.0236
July	0.0236	0.0230	0.0233
August	0.0241	0.0233	0.0239
September	0.0245	0.0239	0.0241
October	0.0251	0.0244	0.0248
November	0.0248	0.0240	0.0243
December	0.0243	0.0238	0.0241