2023 JMD to WST Historical Review

YEARLY HIGH

0.0182 WST

YEARLY LOW

0.0173 WST

YEARLY AVERAGE

0.0177 WST

2023 JMD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0182. Conversely, the yearly low was recorded on February 5, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0009 WST. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0180, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0182 was down 2.27% compared to the 2022 peak of 0.0186, 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 91 WST

2022 Average 87 WST

Yearly Trough Low 86 WST

Transaction Impact: A difference of 4.57 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181

0.0174

JanuMarcMayJulySeptNove

JMD to WST 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 0.0177, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0177

H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0007 WST (High: 0.0181 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0001 WST (High: 0.0176 / Low: 0.0175).

October Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0180) against the same month in 2022 (average: 0.0182), the exchange rate shifted by -0.0002 (-1.17%).

2023 Avg (November) 0.0180

2022 Avg (November) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0179	0.0175	0.0176
February	0.0176	0.0173	0.0175
March	0.0181	0.0175	0.0178
April	0.0181	0.0177	0.0179
May	0.0178	0.0176	0.0177
June	0.0178	0.0176	0.0176
July	0.0178	0.0176	0.0177
August	0.0177	0.0175	0.0176
September	0.0176	0.0175	0.0176
October	0.0181	0.0175	0.0177
November	0.0182	0.0179	0.0180
December	0.0181	0.0179	0.0180