2023 JMD to SLL Historical Review

YEARLY HIGH

136.6388 SLL

YEARLY LOW

113.2832 SLL

YEARLY AVERAGE

123.7840 SLL

2023 JMD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 136.6388. Conversely, the yearly low was recorded on February 5, dropping to 113.2832.

This high-to-low spread represents a total annual volatility of 23.3556 SLL. From a start-to-finish perspective, comparing the January average rate of 115.5549 to the December average rate of 135.0115, the exchange rate registered a net change of 16.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 136.6388 was up 17.35% compared to the 2022 peak of 116.4378, 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 683,194 SLL

2022 Average 447,639 SLL

Yearly Trough Low 566,416 SLL

Transaction Impact: A difference of 116,778.04 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

137.8258

112.2101

JanuMarcMayJulySeptNove

JMD to SLL 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 115.2451, compared to 132.3229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.0778 points.

H1 Avg (Jan–Jun) 115.2451

H2 Avg (Jul–Dec) 132.3229

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 22.1634 SLL (High: 136.2554 / Low: 114.0920). On the other end, September was the most stable month, with a tight range of 1.0520 SLL (High: 136.0518 / Low: 134.9997).

July Spread (Volatile) ±22.1634

September Spread (Stable) ±1.0520

Growth Streaks & Declines

Trends

Between June and September, 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 1.4805 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 135.6239) against the same month in 2022 (average: 90.5763), the exchange rate shifted by +45.0476 (+49.73%).

2023 Avg (August) 135.6239

2022 Avg (August) 90.5763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	116.9781	114.5794	115.5549
February	115.2715	113.2832	114.5269
March	118.0935	114.6908	116.2977
April	117.3756	115.0220	116.1134
May	115.5908	113.7497	114.6328
June	115.1775	113.7834	114.3448
July	136.2554	114.0920	117.2851
August	136.6388	134.6675	135.6239
September	136.0518	134.9997	135.6912
October	135.8440	134.6038	135.3297
November	136.4040	133.9011	134.9962
December	135.7179	134.0325	135.0115