2023 JMD to TOP Historical Review

YEARLY HIGH

0.0158 TOP

YEARLY LOW

0.0148 TOP

YEARLY AVERAGE

0.0153 TOP

2023 JMD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0158. Conversely, the yearly low was recorded on February 5, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0010 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0151, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0158 was down 2.34% compared to the 2022 peak of 0.0162, 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 79 TOP

2022 Average 76 TOP

Yearly Trough Low 74 TOP

Transaction Impact: A difference of 4.75 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0156

0.0151

JanuMarcMayJulySeptNove

JMD to TOP 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 0.0153, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0153

H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 TOP (High: 0.0156 / Low: 0.0150). On the other end, September was the most stable month, with a tight range of 0.0002 TOP (High: 0.0155 / Low: 0.0154).

January Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0155) against the same month in 2022 (average: 0.0147), the exchange rate shifted by +0.0008 (+5.29%).

2023 Avg (March) 0.0155

2022 Avg (March) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0156	0.0150	0.0152
February	0.0154	0.0148	0.0152
March	0.0158	0.0153	0.0155
April	0.0156	0.0154	0.0155
May	0.0155	0.0152	0.0153
June	0.0154	0.0151	0.0153
July	0.0155	0.0150	0.0152
August	0.0155	0.0151	0.0154
September	0.0155	0.0154	0.0155
October	0.0156	0.0154	0.0155
November	0.0156	0.0151	0.0153
December	0.0153	0.0150	0.0151