2023 XAF to JMD Historical Review

YEARLY HIGH

0.2649 JMD

YEARLY LOW

0.2428 JMD

YEARLY AVERAGE

0.2542 JMD

2023 XAF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.2649. Conversely, the yearly low was recorded on January 3, dropping to 0.2428.

This high-to-low spread represents a total annual volatility of 0.0221 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2514 to the December average rate of 0.2586, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2649 was down 3.16% compared to the 2022 peak of 0.2736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,325 JMD

2022 Average 1,233 JMD

Yearly Trough Low 1,214 JMD

Transaction Impact: A difference of 110.70 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2612

0.2469

JanuMarcMayJulySeptNove

XAF 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 0.2529, compared to 0.2555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.2529

H2 Avg (Jul–Dec) 0.2555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0136 JMD (High: 0.2564 / Low: 0.2428). On the other end, October was the most stable month, with a tight range of 0.0044 JMD (High: 0.2516 / Low: 0.2472).

January Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2601) against the same month in 2022 (average: 0.2357), the exchange rate shifted by +0.0243 (+10.33%).

2023 Avg (July) 0.2601

2022 Avg (July) 0.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2564	0.2428	0.2514
February	0.2573	0.2478	0.2517
March	0.2513	0.2436	0.2481
April	0.2598	0.2481	0.2549
May	0.2632	0.2517	0.2556
June	0.2582	0.2524	0.2554
July	0.2649	0.2545	0.2601
August	0.2600	0.2535	0.2572
September	0.2541	0.2479	0.2516
October	0.2516	0.2472	0.2496
November	0.2603	0.2502	0.2563
December	0.2625	0.2552	0.2586