2023 PLN to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PLN to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PLN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 39.8429. Conversely, the yearly low was recorded on March 18, dropping to 33.9322.
This high-to-low spread represents a total annual volatility of 5.9107 JMD. From a start-to-finish perspective, comparing the January average rate of 35.2744 to the December average rate of 39.1623, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 39.8429 was up 0.01% compared to the 2022 peak of 39.8380, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PLN to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.8577, compared to 37.6246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7668 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.9902 JMD (High: 37.0664 / Low: 34.0762). On the other end, May was the most stable month, with a tight range of 1.1457 JMD (High: 37.5423 / Low: 36.3966).
Growth Streaks & Declines
TrendsBetween March and July, 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 August and September, when the average rate fell by 1.9624 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 39.1623) against the same month in 2022 (average: 34.6869), the exchange rate shifted by +4.4754 (+12.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.0664 | 34.0762 | 35.2744 |
| February | 35.8847 | 34.4338 | 34.7974 |
| March | 35.2507 | 33.9322 | 34.6683 |
| April | 36.9924 | 34.8066 | 35.9621 |
| May | 37.5423 | 36.3966 | 36.8804 |
| June | 38.2303 | 36.8078 | 37.5637 |
| July | 39.1386 | 37.3929 | 38.3835 |
| August | 38.4091 | 37.1446 | 37.8344 |
| September | 37.2623 | 35.0925 | 35.8720 |
| October | 37.1422 | 35.0223 | 36.3021 |
| November | 39.5262 | 36.7169 | 38.1929 |
| December | 39.8429 | 38.6504 | 39.1623 |