2023 JMD to TJS Historical Review

YEARLY HIGH

0.0725 TJS

YEARLY LOW

0.0649 TJS

YEARLY AVERAGE

0.0701 TJS

2023 JMD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0725. Conversely, the yearly low was recorded on February 26, dropping to 0.0649.

This high-to-low spread represents a total annual volatility of 0.0076 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0669 to the December average rate of 0.0704, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0725 was down 14.93% compared to the 2022 peak of 0.0852, 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 363 TJS

2022 Average 357 TJS

Yearly Trough Low 325 TJS

Transaction Impact: A difference of 37.88 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0722

0.0665

JanuMarcMayJulySeptNove

JMD to TJS 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 0.0695, compared to 0.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0695

H2 Avg (Jul–Dec) 0.0707

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0075 TJS (High: 0.0725 / Low: 0.0650). On the other end, September was the most stable month, with a tight range of 0.0004 TJS (High: 0.0713 / Low: 0.0709).

March Spread (Volatile) ±0.0075

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0717) against the same month in 2022 (average: 0.0811), the exchange rate shifted by -0.0094 (-11.62%).

2023 Avg (April) 0.0717

2022 Avg (April) 0.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0675	0.0665	0.0669
February	0.0696	0.0649	0.0674
March	0.0725	0.0650	0.0695
April	0.0725	0.0711	0.0717
May	0.0713	0.0704	0.0709
June	0.0712	0.0705	0.0707
July	0.0711	0.0707	0.0708
August	0.0715	0.0705	0.0710
September	0.0713	0.0709	0.0711
October	0.0710	0.0705	0.0708
November	0.0710	0.0701	0.0704
December	0.0708	0.0701	0.0704