YEARLY HIGH
0.3533 JMD
YEARLY LOW
0.3238 JMD
YEARLY AVERAGE
0.3383 JMD

2023 KMF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.3533. Conversely, the yearly low was recorded on January 3, dropping to 0.3238.

This high-to-low spread represents a total annual volatility of 0.0295 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3345 to the December average rate of 0.3443, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3533 was down 3.54% compared to the 2022 peak of 0.3662, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KMF based on timing:

Yearly Peak High 1,766 JMD
2022 Average 1,645 JMD
Yearly Trough Low 1,619 JMD
Transaction Impact: A difference of 147.35 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3479
0.3281
JanuMarcMayJulySeptNove

KMF to JMD 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 0.3364, compared to 0.3402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.3364
H2 Avg (Jul–Dec) 0.3402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0175 JMD (High: 0.3413 / Low: 0.3238). On the other end, October was the most stable month, with a tight range of 0.0058 JMD (High: 0.3347 / Low: 0.3289).

January Spread (Volatile) ±0.0175
October Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0072 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3463) against the same month in 2022 (average: 0.3208), the exchange rate shifted by +0.0254 (+7.92%).

2023 Avg (July) 0.3463
2022 Avg (July) 0.3208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3413 0.3238 0.3345
February 0.3423 0.3302 0.3352
March 0.3345 0.3240 0.3298
April 0.3447 0.3329 0.3389
May 0.3445 0.3346 0.3400
June 0.3435 0.3350 0.3397
July 0.3533 0.3392 0.3463
August 0.3473 0.3384 0.3425
September 0.3393 0.3298 0.3353
October 0.3347 0.3289 0.3323
November 0.3474 0.3312 0.3405
December 0.3496 0.3397 0.3443