YEARLY HIGH
0.7493 XPF
YEARLY LOW
0.6867 XPF
YEARLY AVERAGE
0.7159 XPF

2023 JMD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7493. Conversely, the yearly low was recorded on July 14, dropping to 0.6867.

This high-to-low spread represents a total annual volatility of 0.0626 XPF. From a start-to-finish perspective, comparing the January average rate of 0.7237 to the December average rate of 0.7034, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7493 was down 8.52% compared to the 2022 peak of 0.8191, 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 3,747 XPF
2022 Average 3,700 XPF
Yearly Trough Low 3,434 XPF
Transaction Impact: A difference of 313.13 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7366
0.6963
JanuMarcMayJulySeptNove

JMD to XPF 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 0.7196, compared to 0.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.7196
H2 Avg (Jul–Dec) 0.7121

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0398 XPF (High: 0.7493 / Low: 0.7096). On the other end, October was the most stable month, with a tight range of 0.0127 XPF (High: 0.7359 / Low: 0.7232).

January Spread (Volatile) ±0.0398
October Spread (Stable) ±0.0127

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0194 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7237) against the same month in 2022 (average: 0.6802), the exchange rate shifted by +0.0435 (+6.39%).

2023 Avg (January) 0.7237
2022 Avg (January) 0.6802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7493 0.7096 0.7237
February 0.7342 0.7071 0.7229
March 0.7469 0.7240 0.7332
April 0.7332 0.7004 0.7138
May 0.7228 0.6913 0.7118
June 0.7208 0.7046 0.7123
July 0.7147 0.6867 0.6997
August 0.7176 0.6998 0.7074
September 0.7339 0.7160 0.7231
October 0.7359 0.7232 0.7289
November 0.7272 0.6988 0.7100
December 0.7129 0.6931 0.7034