YEARLY HIGH
117.1826 JMD
YEARLY LOW
104.9330 JMD
YEARLY AVERAGE
111.3539 JMD

2022 BND to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 117.1826. Conversely, the yearly low was recorded on September 28, dropping to 104.9330.

This high-to-low spread represents a total annual volatility of 12.2496 JMD. From a start-to-finish perspective, comparing the January average rate of 114.7477 to the December average rate of 113.3668, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 117.1826 was up 0.91% compared to the 2021 peak of 116.1309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 585,913 JMD
2021 Average 560,473 JMD
Yearly Trough Low 524,665 JMD
Transaction Impact: A difference of 61,247.82 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

117.0340
106.2226
JanuMarcMayJulySeptNove

BND 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 113.1998, compared to 109.5080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6918 points.

H1 Avg (Jan–Jun) 113.1998
H2 Avg (Jul–Dec) 109.5080

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 4.8586 JMD (High: 112.7229 / Low: 107.8644). On the other end, December was the most stable month, with a tight range of 1.3245 JMD (High: 114.0826 / Low: 112.7581).

November Spread (Volatile) ±4.8586
December Spread (Stable) ±1.3245

Growth Streaks & Declines

Trends

Between October and December, 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 3.1267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 116.1330) against the same month in 2021 (average: 112.8381), the exchange rate shifted by +3.2949 (+2.92%).

2022 Avg (February) 116.1330
2021 Avg (February) 112.8381

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 116.0413 113.4625 114.7477
February 117.1826 114.1488 116.1330
March 114.2758 112.0379 113.0064
April 114.2835 111.4999 113.1195
May 112.8598 111.0062 111.9064
June 112.1172 108.2460 110.2857
July 111.3661 107.0451 108.7698
August 111.2404 107.7356 109.6539
September 109.5363 104.9330 107.3676
October 108.4047 105.8986 107.1235
November 112.7229 107.8644 110.7662
December 114.0826 112.7581 113.3668