2023 KPW to JMD Historical Review

YEARLY HIGH

0.1740 JMD

YEARLY LOW

0.1662 JMD

YEARLY AVERAGE

0.1712 JMD

2023 KPW to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.1740. Conversely, the yearly low was recorded on March 19, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0078 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1699 to the December average rate of 0.1726, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1740 was down 0.76% compared to the 2022 peak of 0.1753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 870 JMD

2022 Average 852 JMD

Yearly Trough Low 831 JMD

Transaction Impact: A difference of 39.00 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1730

0.1684

JanuMarcMayJulySeptNove

KPW 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 0.1703, compared to 0.1720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1703

H2 Avg (Jul–Dec) 0.1720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0049 JMD (High: 0.1711 / Low: 0.1662). On the other end, September was the most stable month, with a tight range of 0.0013 JMD (High: 0.1726 / Low: 0.1713).

March Spread (Volatile) ±0.0049

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1726) against the same month in 2022 (average: 0.1707), the exchange rate shifted by +0.0019 (+1.09%).

2023 Avg (November) 0.1726

2022 Avg (November) 0.1707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1713	0.1678	0.1699
February	0.1733	0.1703	0.1714
March	0.1711	0.1662	0.1688
April	0.1706	0.1672	0.1690
May	0.1726	0.1698	0.1712
June	0.1725	0.1704	0.1717
July	0.1720	0.1701	0.1714
August	0.1730	0.1705	0.1718
September	0.1726	0.1713	0.1717
October	0.1731	0.1715	0.1722
November	0.1740	0.1708	0.1726
December	0.1738	0.1717	0.1726