YEARLY HIGH
0.2637 UYU
YEARLY LOW
0.2418 UYU
YEARLY AVERAGE
0.2520 UYU

2023 JMD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2637. Conversely, the yearly low was recorded on August 2, dropping to 0.2418.

This high-to-low spread represents a total annual volatility of 0.0218 UYU. From a start-to-finish perspective, comparing the January average rate of 0.2583 to the December average rate of 0.2529, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2637 was down 9.45% compared to the 2022 peak of 0.2912, 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 1,318 UYU
2022 Average 1,342 UYU
Yearly Trough Low 1,209 UYU
Transaction Impact: A difference of 109.17 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2596
0.2435
JanuMarcMayJulySeptNove

JMD to UYU 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 0.2540, compared to 0.2500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.2540
H2 Avg (Jul–Dec) 0.2500

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0121 UYU (High: 0.2637 / Low: 0.2515). On the other end, September was the most stable month, with a tight range of 0.0044 UYU (High: 0.2479 / Low: 0.2435).

January Spread (Volatile) ±0.0121
September Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2583) against the same month in 2022 (average: 0.2873), the exchange rate shifted by -0.0290 (-10.11%).

2023 Avg (January) 0.2583
2022 Avg (January) 0.2873

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2637 0.2515 0.2583
February 0.2579 0.2497 0.2533
March 0.2620 0.2527 0.2574
April 0.2577 0.2523 0.2548
May 0.2549 0.2498 0.2523
June 0.2518 0.2430 0.2478
July 0.2492 0.2421 0.2453
August 0.2492 0.2418 0.2449
September 0.2479 0.2435 0.2461
October 0.2588 0.2480 0.2557
November 0.2587 0.2513 0.2554
December 0.2562 0.2503 0.2529