2023 KZT to JMD Historical Review

YEARLY HIGH

0.3556 JMD

YEARLY LOW

0.3222 JMD

YEARLY AVERAGE

0.3377 JMD

2023 KZT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.3556. Conversely, the yearly low was recorded on September 26, dropping to 0.3222.

This high-to-low spread represents a total annual volatility of 0.0333 JMD. From a start-to-finish perspective, comparing the January average rate of 0.3305 to the December average rate of 0.3383, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3556 was down 4.45% compared to the 2022 peak of 0.3721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,778 JMD

2022 Average 1,666 JMD

Yearly Trough Low 1,611 JMD

Transaction Impact: A difference of 166.69 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3487

0.3231

JanuMarcMayJulySeptNove

KZT 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 0.3393, compared to 0.3361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.3393

H2 Avg (Jul–Dec) 0.3361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0309 JMD (High: 0.3556 / Low: 0.3246). On the other end, December was the most stable month, with a tight range of 0.0057 JMD (High: 0.3406 / Low: 0.3349).

March Spread (Volatile) ±0.0309

December Spread (Stable) ±0.0057

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 0.0114 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3368) against the same month in 2022 (average: 0.3049), the exchange rate shifted by +0.0319 (+10.47%).

2023 Avg (March) 0.3368

2022 Avg (March) 0.3049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3342	0.3243	0.3305
February	0.3472	0.3328	0.3417
March	0.3556	0.3246	0.3368
April	0.3409	0.3312	0.3369
May	0.3487	0.3389	0.3454
June	0.3489	0.3397	0.3444
July	0.3500	0.3415	0.3466
August	0.3497	0.3332	0.3413
September	0.3372	0.3222	0.3299
October	0.3294	0.3233	0.3253
November	0.3403	0.3299	0.3354
December	0.3406	0.3349	0.3383