2023 JMD to RUB Historical Review

YEARLY HIGH

0.6533 RUB

YEARLY LOW

0.4333 RUB

YEARLY AVERAGE

0.5543 RUB

2023 JMD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.6533. Conversely, the yearly low was recorded on January 15, dropping to 0.4333.

This high-to-low spread represents a total annual volatility of 0.2200 RUB. From a start-to-finish perspective, comparing the January average rate of 0.4577 to the December average rate of 0.5863, the exchange rate registered a net change of 28.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6533 was down 29.54% compared to the 2022 peak of 0.9273, 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 3,267 RUB

2022 Average 2,276 RUB

Yearly Trough Low 2,167 RUB

Transaction Impact: A difference of 1,099.87 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6432

0.4409

JanuMarcMayJulySeptNove

JMD to RUB 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 0.5038, compared to 0.6048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1010 points.

H1 Avg (Jan–Jun) 0.5038

H2 Avg (Jul–Dec) 0.6048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0556 RUB (High: 0.5760 / Low: 0.5204). On the other end, September was the most stable month, with a tight range of 0.0231 RUB (High: 0.6372 / Low: 0.6141).

June Spread (Volatile) ±0.0556

September Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0432 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6264) against the same month in 2022 (average: 0.4050), the exchange rate shifted by +0.2214 (+54.67%).

2023 Avg (October) 0.6264

2022 Avg (October) 0.4050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4858	0.4333	0.4577
February	0.4931	0.4531	0.4767
March	0.5146	0.4894	0.5027
April	0.5408	0.5146	0.5324
May	0.5279	0.4927	0.5137
June	0.5760	0.5204	0.5399
July	0.5982	0.5740	0.5874
August	0.6468	0.5979	0.6198
September	0.6372	0.6141	0.6259
October	0.6533	0.6020	0.6264
November	0.6028	0.5671	0.5832
December	0.5975	0.5698	0.5863