YEARLY HIGH
1.3210 JMD
YEARLY LOW
1.2649 JMD
YEARLY AVERAGE
1.2986 JMD

2023 VUV to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.3210. Conversely, the yearly low was recorded on April 3, dropping to 1.2649.

This high-to-low spread represents a total annual volatility of 0.0561 JMD. From a start-to-finish perspective, comparing the January average rate of 1.2951 to the December average rate of 1.3082, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3210 was down 5.03% compared to the 2022 peak of 1.3910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,605 JMD
2022 Average 6,570 JMD
Yearly Trough Low 6,325 JMD
Transaction Impact: A difference of 280.39 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3114
1.2757
JanuMarcMayJulySeptNove

VUV 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 1.2934, compared to 1.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 1.2934
H2 Avg (Jul–Dec) 1.3038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0387 JMD (High: 1.3048 / Low: 1.2661). On the other end, September was the most stable month, with a tight range of 0.0101 JMD (High: 1.3083 / Low: 1.2982).

March Spread (Volatile) ±0.0387
September Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.3067) against the same month in 2022 (average: 1.3731), the exchange rate shifted by -0.0664 (-4.83%).

2023 Avg (February) 1.3067
2022 Avg (February) 1.3731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3061 1.2793 1.2951
February 1.3210 1.2982 1.3067
March 1.3048 1.2661 1.2865
April 1.2908 1.2649 1.2787
May 1.3052 1.2845 1.2952
June 1.3049 1.2891 1.2985
July 1.3031 1.2864 1.2968
August 1.3116 1.2927 1.3023
September 1.3083 1.2982 1.3017
October 1.3122 1.3002 1.3052
November 1.3191 1.2949 1.3084
December 1.3178 1.3014 1.3082