YEARLY HIGH
418.5724 JMD
YEARLY LOW
393.4800 JMD
YEARLY AVERAGE
407.0095 JMD

2022 BHD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 418.5724. Conversely, the yearly low was recorded on September 18, dropping to 393.4800.

This high-to-low spread represents a total annual volatility of 25.0924 JMD. From a start-to-finish perspective, comparing the January average rate of 411.0589 to the December average rate of 406.6946, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 418.5724 was up 1.09% compared to the 2021 peak of 414.0613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,092,862 JMD
2021 Average 1,997,716 JMD
Yearly Trough Low 1,967,400 JMD
Transaction Impact: A difference of 125,461.81 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

416.0966
400.6527
JanuMarcMayJulySeptNove

BHD 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 409.6584, compared to 404.3607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2977 points.

H1 Avg (Jan–Jun) 409.6584
H2 Avg (Jul–Dec) 404.3607

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 12.0105 JMD (High: 405.4904 / Low: 393.4800). On the other end, May was the most stable month, with a tight range of 4.2052 JMD (High: 411.9236 / Low: 407.7184).

September Spread (Volatile) ±12.0105
May Spread (Stable) ±4.2052

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 February and March, when the average rate fell by 7.5792 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.5792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 414.8096) against the same month in 2021 (average: 397.2891), the exchange rate shifted by +17.5206 (+4.41%).

2022 Avg (February) 414.8096
2021 Avg (February) 397.2891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 414.7547 407.6116 411.0589
February 418.5724 410.6234 414.8096
March 412.2597 403.6635 407.2305
April 413.6119 406.5053 409.7113
May 411.9236 407.7184 410.2367
June 409.8787 399.3280 404.9033
July 408.0845 398.0860 402.2034
August 406.6194 399.0934 402.6458
September 405.4904 393.4800 401.9397
October 406.8834 401.2657 405.0430
November 409.2359 401.4487 407.6377
December 409.1526 402.8676 406.6946