2023 JMD to SBD Historical Review

YEARLY HIGH

0.0552 SBD

YEARLY LOW

0.0526 SBD

YEARLY AVERAGE

0.0542 SBD

2023 JMD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0552. Conversely, the yearly low was recorded on February 5, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0026 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0541 to the December average rate of 0.0545, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0552 was up 0.03% compared to the 2022 peak of 0.0551, 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 276 SBD

2022 Average 265 SBD

Yearly Trough Low 263 SBD

Transaction Impact: A difference of 12.94 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0546

0.0533

JanuMarcMayJulySeptNove

JMD to SBD 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 0.0540, compared to 0.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0540

H2 Avg (Jul–Dec) 0.0543

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0014 SBD (High: 0.0548 / Low: 0.0534). On the other end, June was the most stable month, with a tight range of 0.0006 SBD (High: 0.0543 / Low: 0.0537).

January Spread (Volatile) ±0.0014

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0545) against the same month in 2022 (average: 0.0519), the exchange rate shifted by +0.0027 (+5.12%).

2023 Avg (April) 0.0545

2022 Avg (April) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0548	0.0534	0.0541
February	0.0539	0.0526	0.0534
March	0.0548	0.0535	0.0542
April	0.0552	0.0541	0.0545
May	0.0544	0.0537	0.0540
June	0.0543	0.0537	0.0540
July	0.0550	0.0540	0.0542
August	0.0545	0.0537	0.0541
September	0.0547	0.0540	0.0544
October	0.0549	0.0540	0.0544
November	0.0549	0.0537	0.0543
December	0.0549	0.0542	0.0545