YEARLY HIGH
0.0215 JMD
YEARLY LOW
0.0205 JMD
YEARLY AVERAGE
0.0211 JMD

2023 PYG to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0215. Conversely, the yearly low was recorded on January 2, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0010 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0211, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0215 was down 5.05% compared to the 2022 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 JMD
2022 Average 110 JMD
Yearly Trough Low 103 JMD
Transaction Impact: A difference of 5.19 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0215
0.0207
JanuMarcMayJulySeptNove

PYG 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 0.0212, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0212
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0006 JMD (High: 0.0213 / Low: 0.0207). On the other end, July was the most stable month, with a tight range of 0.0001 JMD (High: 0.0213 / Low: 0.0212).

October Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0214) against the same month in 2022 (average: 0.0226), the exchange rate shifted by -0.0012 (-5.23%).

2023 Avg (May) 0.0214
2022 Avg (May) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0205 0.0207
February 0.0212 0.0209 0.0211
March 0.0213 0.0210 0.0211
April 0.0215 0.0210 0.0213
May 0.0215 0.0211 0.0214
June 0.0215 0.0212 0.0213
July 0.0213 0.0212 0.0212
August 0.0214 0.0211 0.0213
September 0.0213 0.0212 0.0212
October 0.0213 0.0207 0.0210
November 0.0210 0.0207 0.0209
December 0.0213 0.0208 0.0211