2023 JMD to PLN Historical Review

YEARLY HIGH

0.0295 PLN

YEARLY LOW

0.0251 PLN

YEARLY AVERAGE

0.0273 PLN

2023 JMD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0295. Conversely, the yearly low was recorded on December 27, dropping to 0.0251.

This high-to-low spread represents a total annual volatility of 0.0044 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0255, the exchange rate registered a net change of -9.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0295 was down 10.34% compared to the 2022 peak of 0.0329, 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 147 PLN

2022 Average 145 PLN

Yearly Trough Low 125 PLN

Transaction Impact: A difference of 21.86 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0292

0.0252

JanuMarcMayJulySeptNove

JMD to PLN 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 0.0279, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0279

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0024 PLN (High: 0.0293 / Low: 0.0270). On the other end, December was the most stable month, with a tight range of 0.0008 PLN (High: 0.0259 / Low: 0.0251).

January Spread (Volatile) ±0.0024

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0288) against the same month in 2022 (average: 0.0281), the exchange rate shifted by +0.0007 (+2.55%).

2023 Avg (March) 0.0288

2022 Avg (March) 0.0281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0293	0.0270	0.0284
February	0.0290	0.0279	0.0287
March	0.0295	0.0284	0.0288
April	0.0287	0.0270	0.0278
May	0.0275	0.0266	0.0271
June	0.0272	0.0262	0.0266
July	0.0267	0.0256	0.0261
August	0.0269	0.0260	0.0264
September	0.0285	0.0268	0.0279
October	0.0286	0.0269	0.0276
November	0.0272	0.0253	0.0262
December	0.0259	0.0251	0.0255