2023 SVC to JMD Historical Review

YEARLY HIGH

17.8874 JMD

YEARLY LOW

17.1917 JMD

YEARLY AVERAGE

17.6153 JMD

2023 SVC to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 17.8874. Conversely, the yearly low was recorded on April 3, dropping to 17.1917.

This high-to-low spread represents a total annual volatility of 0.6957 JMD. From a start-to-finish perspective, comparing the January average rate of 17.4711 to the December average rate of 17.7322, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.8874 was down 0.45% compared to the 2022 peak of 17.9687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,437 JMD

2022 Average 87,670 JMD

Yearly Trough Low 85,958 JMD

Transaction Impact: A difference of 3,478.63 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.8130

17.3479

JanuMarcMayJulySeptNove

SVC 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 17.5281, compared to 17.7025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1744 points.

H1 Avg (Jan–Jun) 17.5281

H2 Avg (Jul–Dec) 17.7025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3629 JMD (High: 17.5994 / Low: 17.2365). On the other end, September was the most stable month, with a tight range of 0.0972 JMD (High: 17.7141 / Low: 17.6169).

March Spread (Volatile) ±0.3629

September Spread (Stable) ±0.0972

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 0.2394 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 17.7742) against the same month in 2022 (average: 17.5795), the exchange rate shifted by +0.1947 (+1.11%).

2023 Avg (November) 17.7742

2022 Avg (November) 17.5795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6195	17.2576	17.4711
February	17.6578	17.5151	17.6260
March	17.5994	17.2365	17.3866
April	17.5412	17.1917	17.4060
May	17.7143	17.4819	17.6199
June	17.7403	17.5285	17.6590
July	17.6896	17.5507	17.6499
August	17.7702	17.5347	17.6711
September	17.7141	17.6169	17.6656
October	17.8042	17.6568	17.7218
November	17.8874	17.6549	17.7742
December	17.7976	17.6559	17.7322