2023 JMD to PYG Historical Review

YEARLY HIGH

48.7645 PYG

YEARLY LOW

46.4142 PYG

YEARLY AVERAGE

47.3037 PYG

2023 JMD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 48.7645. Conversely, the yearly low was recorded on May 17, dropping to 46.4142.

This high-to-low spread represents a total annual volatility of 2.3503 PYG. From a start-to-finish perspective, comparing the January average rate of 48.2509 to the December average rate of 47.3774, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.7645 was up 0.89% compared to the 2022 peak of 48.3347, 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 243,823 PYG

2022 Average 227,498 PYG

Yearly Trough Low 232,071 PYG

Transaction Impact: A difference of 11,751.61 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.4028

46.5797

JanuMarcMayJulySeptNove

JMD to PYG 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 47.2711, compared to 47.3363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0652 points.

H1 Avg (Jan–Jun) 47.2711

H2 Avg (Jul–Dec) 47.3363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.3743 PYG (High: 48.3698 / Low: 46.9955). On the other end, July was the most stable month, with a tight range of 0.2541 PYG (High: 47.1648 / Low: 46.9107).

October Spread (Volatile) ±1.3743

July Spread (Stable) ±0.2541

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.9128 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 48.2509) against the same month in 2022 (average: 44.9460), the exchange rate shifted by +3.3049 (+7.35%).

2023 Avg (January) 48.2509

2022 Avg (January) 44.9460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.7645	47.9703	48.2509
February	47.9302	47.0997	47.3381
March	47.6625	46.8605	47.3215
April	47.6501	46.5750	47.0545
May	47.3195	46.4142	46.7316
June	47.2609	46.5954	46.9301
July	47.1648	46.9107	47.0827
August	47.4952	46.7610	47.0341
September	47.2364	46.9636	47.0767
October	48.3698	46.9955	47.5709
November	48.3594	47.5524	47.8760
December	48.1420	46.9945	47.3774