2023 SOS to JMD Historical Review

YEARLY HIGH

0.2740 JMD

YEARLY LOW

0.2640 JMD

YEARLY AVERAGE

0.2706 JMD

2023 SOS to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2740. Conversely, the yearly low was recorded on March 19, dropping to 0.2640.

This high-to-low spread represents a total annual volatility of 0.0100 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2688 to the December average rate of 0.2717, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2740 was down 0.67% compared to the 2022 peak of 0.2759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,370 JMD

2022 Average 1,333 JMD

Yearly Trough Low 1,320 JMD

Transaction Impact: A difference of 49.87 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2727

0.2670

JanuMarcMayJulySeptNove

SOS 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 0.2697, compared to 0.2715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.2697

H2 Avg (Jul–Dec) 0.2715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0069 JMD (High: 0.2709 / Low: 0.2640). On the other end, September was the most stable month, with a tight range of 0.0015 JMD (High: 0.2720 / Low: 0.2705).

March Spread (Volatile) ±0.0069

September Spread (Stable) ±0.0015

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 0.0038 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2723) against the same month in 2022 (average: 0.2706), the exchange rate shifted by +0.0016 (+0.60%).

2023 Avg (November) 0.2723

2022 Avg (November) 0.2706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2712	0.2652	0.2688
February	0.2740	0.2693	0.2712
March	0.2709	0.2640	0.2674
April	0.2701	0.2644	0.2678
May	0.2727	0.2689	0.2710
June	0.2727	0.2705	0.2717
July	0.2723	0.2687	0.2712
August	0.2730	0.2706	0.2716
September	0.2720	0.2705	0.2711
October	0.2728	0.2703	0.2714
November	0.2740	0.2705	0.2723
December	0.2730	0.2703	0.2717