YEARLY HIGH
22.8670 JMD
YEARLY LOW
21.7072 JMD
YEARLY AVERAGE
22.2625 JMD

2022 BOB to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 22.8670. Conversely, the yearly low was recorded on September 7, dropping to 21.7072.

This high-to-low spread represents a total annual volatility of 1.1598 JMD. From a start-to-finish perspective, comparing the January average rate of 22.4923 to the December average rate of 22.1704, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 22.8670 was up 1.03% compared to the 2021 peak of 22.6345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,335 JMD
2021 Average 109,097 JMD
Yearly Trough Low 108,536 JMD
Transaction Impact: A difference of 5,798.91 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

22.7987
21.8576
JanuMarcMayJulySeptNove

BOB 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 22.4394, compared to 22.0856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3538 points.

H1 Avg (Jan–Jun) 22.4394
H2 Avg (Jul–Dec) 22.0856

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.6213 JMD (High: 22.3285 / Low: 21.7072). On the other end, November was the most stable month, with a tight range of 0.1429 JMD (High: 22.3249 / Low: 22.1820).

September Spread (Volatile) ±0.6213
November Spread (Stable) ±0.1429

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 0.4002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 22.7203) against the same month in 2021 (average: 21.6818), the exchange rate shifted by +1.0385 (+4.79%).

2022 Avg (February) 22.7203
2021 Avg (February) 21.6818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.7041 22.2903 22.4923
February 22.8670 22.5097 22.7203
March 22.5651 22.1800 22.3201
April 22.5295 22.2666 22.4413
May 22.6175 22.3003 22.4944
June 22.4265 21.8905 22.1680
July 22.3203 21.8098 22.0568
August 22.2858 21.7725 21.9891
September 22.3285 21.7072 21.9360
October 22.2062 21.9761 22.1056
November 22.3249 22.1820 22.2559
December 22.2741 21.9544 22.1704