2023 JMD to STD Historical Review

YEARLY HIGH

152.5822 STD

YEARLY LOW

142.2808 STD

YEARLY AVERAGE

146.6602 STD

2023 JMD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 152.5822. Conversely, the yearly low was recorded on November 8, dropping to 142.2808.

This high-to-low spread represents a total annual volatility of 10.3013 STD. From a start-to-finish perspective, comparing the January average rate of 149.3023 to the December average rate of 143.4608, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 152.5822 was down 2.14% compared to the 2022 peak of 155.9197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 762,911 STD

2022 Average 722,730 STD

Yearly Trough Low 711,404 STD

Transaction Impact: A difference of 51,506.71 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

150.9438

142.7627

JanuMarcMayJulySeptNove

JMD to STD 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 148.9020, compared to 144.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4835 points.

H1 Avg (Jan–Jun) 148.9020

H2 Avg (Jul–Dec) 144.4184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 5.0999 STD (High: 149.1279 / Low: 144.0280). On the other end, September was the most stable month, with a tight range of 1.1179 STD (High: 144.5661 / Low: 143.4482).

July Spread (Volatile) ±5.0999

September Spread (Stable) ±1.1179

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.4009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.4009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 150.2620) against the same month in 2022 (average: 139.4123), the exchange rate shifted by +10.8497 (+7.78%).

2023 Avg (March) 150.2620

2022 Avg (March) 139.4123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	151.1411	148.0419	149.3023
February	148.9360	146.3671	147.9741
March	152.5822	148.1857	150.2620
April	151.6547	148.6138	150.0238
May	149.3486	146.9698	148.1109
June	148.8146	147.0134	147.7387
July	149.1279	144.0280	147.5123
August	145.1898	143.0952	144.1114
September	144.5661	143.4482	144.1829
October	144.3453	143.0275	143.7989
November	144.9404	142.2808	143.4444
December	144.2113	142.4205	143.4608

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு