2023 YER to JMD Historical Review

YEARLY HIGH

0.6255 JMD

YEARLY LOW

0.5976 JMD

YEARLY AVERAGE

0.6155 JMD

2023 YER to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.6255. Conversely, the yearly low was recorded on March 19, dropping to 0.5976.

This high-to-low spread represents a total annual volatility of 0.0279 JMD. From a start-to-finish perspective, comparing the January average rate of 0.6107 to the December average rate of 0.6207, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6255 was down 0.80% compared to the 2022 peak of 0.6306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,128 JMD

2022 Average 3,065 JMD

Yearly Trough Low 2,988 JMD

Transaction Impact: A difference of 139.60 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6221

0.6055

JanuMarcMayJulySeptNove

YER 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 0.6124, compared to 0.6186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.6124

H2 Avg (Jul–Dec) 0.6186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0179 JMD (High: 0.6155 / Low: 0.5976). On the other end, September was the most stable month, with a tight range of 0.0047 JMD (High: 0.6203 / Low: 0.6157).

March Spread (Volatile) ±0.0179

September Spread (Stable) ±0.0047

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 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.6205) against the same month in 2022 (average: 0.6141), the exchange rate shifted by +0.0065 (+1.05%).

2023 Avg (November) 0.6205

2022 Avg (November) 0.6141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6158	0.6033	0.6107
February	0.6231	0.6120	0.6161
March	0.6155	0.5976	0.6069
April	0.6135	0.6012	0.6077
May	0.6203	0.6106	0.6156
June	0.6201	0.6126	0.6171
July	0.6185	0.6115	0.6162
August	0.6220	0.6130	0.6177
September	0.6203	0.6157	0.6173
October	0.6224	0.6167	0.6190
November	0.6255	0.6141	0.6205
December	0.6249	0.6174	0.6207