2023 JMD to UAH Historical Review

YEARLY HIGH

0.2464 UAH

YEARLY LOW

0.2302 UAH

YEARLY AVERAGE

0.2389 UAH

2023 JMD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2464. Conversely, the yearly low was recorded on November 8, dropping to 0.2302.

This high-to-low spread represents a total annual volatility of 0.0162 UAH. From a start-to-finish perspective, comparing the January average rate of 0.2405 to the December average rate of 0.2395, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2464 was up 0.09% compared to the 2022 peak of 0.2462, 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 1,232 UAH

2022 Average 1,064 UAH

Yearly Trough Low 1,151 UAH

Transaction Impact: A difference of 80.81 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2436

0.2316

JanuMarcMayJulySeptNove

JMD to UAH 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 0.2404, compared to 0.2374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2404

H2 Avg (Jul–Dec) 0.2374

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0109 UAH (High: 0.2464 / Low: 0.2355). On the other end, September was the most stable month, with a tight range of 0.0015 UAH (High: 0.2396 / Low: 0.2381).

December Spread (Volatile) ±0.0109

September Spread (Stable) ±0.0015

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 September and October, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2395) against the same month in 2022 (average: 0.2405), the exchange rate shifted by -0.0010 (-0.42%).

2023 Avg (December) 0.2395

2022 Avg (December) 0.2405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2434	0.2387	0.2405
February	0.2410	0.2379	0.2386
March	0.2449	0.2398	0.2426
April	0.2443	0.2396	0.2420
May	0.2415	0.2381	0.2394
June	0.2408	0.2382	0.2390
July	0.2405	0.2376	0.2388
August	0.2407	0.2375	0.2388
September	0.2396	0.2381	0.2389
October	0.2383	0.2339	0.2356
November	0.2345	0.2302	0.2326
December	0.2464	0.2355	0.2395