2023 JMD to SVC Historical Review

YEARLY HIGH

0.0582 SVC

YEARLY LOW

0.0559 SVC

YEARLY AVERAGE

0.0568 SVC

2023 JMD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0582. Conversely, the yearly low was recorded on November 8, dropping to 0.0559.

This high-to-low spread represents a total annual volatility of 0.0023 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0572 to the December average rate of 0.0564, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0582 was down 0.28% compared to the 2022 peak of 0.0583, 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 291 SVC

2022 Average 285 SVC

Yearly Trough Low 280 SVC

Transaction Impact: A difference of 11.31 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0576

0.0561

JanuMarcMayJulySeptNove

JMD to SVC 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 0.0571, compared to 0.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0571

H2 Avg (Jul–Dec) 0.0565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 SVC (High: 0.0580 / Low: 0.0568). On the other end, September was the most stable month, with a tight range of 0.0003 SVC (High: 0.0568 / Low: 0.0565).

March Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0575) against the same month in 2022 (average: 0.0567), the exchange rate shifted by +0.0008 (+1.36%).

2023 Avg (April) 0.0575

2022 Avg (April) 0.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0579	0.0568	0.0572
February	0.0571	0.0566	0.0567
March	0.0580	0.0568	0.0575
April	0.0582	0.0570	0.0575
May	0.0572	0.0565	0.0568
June	0.0570	0.0564	0.0566
July	0.0570	0.0565	0.0567
August	0.0570	0.0563	0.0566
September	0.0568	0.0565	0.0566
October	0.0566	0.0562	0.0564
November	0.0566	0.0559	0.0563
December	0.0566	0.0562	0.0564