2023 JMD to SRD Historical Review

YEARLY HIGH

0.2499 SRD

YEARLY LOW

0.2065 SRD

YEARLY AVERAGE

0.2375 SRD

2023 JMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.2499. Conversely, the yearly low was recorded on January 12, dropping to 0.2065.

This high-to-low spread represents a total annual volatility of 0.0434 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2081 to the December average rate of 0.2406, the exchange rate registered a net change of 15.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2499 was up 19.19% compared to the 2022 peak of 0.2097, 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 1,250 SRD

2022 Average 790 SRD

Yearly Trough Low 1,033 SRD

Transaction Impact: A difference of 216.97 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2518

0.2041

JanuMarcMayJulySeptNove

JMD to SRD 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 0.2294, compared to 0.2455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.2294

H2 Avg (Jul–Dec) 0.2455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0210 SRD (High: 0.2396 / Low: 0.2186). On the other end, August was the most stable month, with a tight range of 0.0033 SRD (High: 0.2496 / Low: 0.2463).

March Spread (Volatile) ±0.0210

August Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2478) against the same month in 2022 (average: 0.1783), the exchange rate shifted by +0.0696 (+39.02%).

2023 Avg (September) 0.2478

2022 Avg (September) 0.1783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2114	0.2065	0.2081
February	0.2203	0.2070	0.2127
March	0.2396	0.2186	0.2278
April	0.2468	0.2373	0.2417
May	0.2452	0.2402	0.2423
June	0.2483	0.2404	0.2440
July	0.2497	0.2394	0.2463
August	0.2496	0.2463	0.2475
September	0.2499	0.2464	0.2478
October	0.2484	0.2447	0.2462
November	0.2482	0.2420	0.2445
December	0.2446	0.2374	0.2406