YEARLY HIGH
0.0785 JMD
YEARLY LOW
0.0730 JMD
YEARLY AVERAGE
0.0760 JMD

2022 CDF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CDF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0785. Conversely, the yearly low was recorded on September 18, dropping to 0.0730.

This high-to-low spread represents a total annual volatility of 0.0055 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0773 to the December average rate of 0.0749, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0785 was up 0.32% compared to the 2021 peak of 0.0783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 393 JMD
2021 Average 378 JMD
Yearly Trough Low 365 JMD
Transaction Impact: A difference of 27.51 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0782
0.0738
JanuMarcMayJulySeptNove

CDF 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 0.0770, compared to 0.0750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0770
H2 Avg (Jul–Dec) 0.0750

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0031 JMD (High: 0.0766 / Low: 0.0734). On the other end, November was the most stable month, with a tight range of 0.0007 JMD (High: 0.0753 / Low: 0.0746).

August Spread (Volatile) ±0.0031
November Spread (Stable) ±0.0007

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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0778) against the same month in 2021 (average: 0.0756), the exchange rate shifted by +0.0022 (+2.88%).

2022 Avg (February) 0.0778
2021 Avg (February) 0.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0779 0.0766 0.0773
February 0.0785 0.0769 0.0778
March 0.0775 0.0759 0.0765
April 0.0775 0.0763 0.0769
May 0.0775 0.0761 0.0770
June 0.0770 0.0753 0.0762
July 0.0769 0.0752 0.0759
August 0.0766 0.0734 0.0754
September 0.0750 0.0730 0.0742
October 0.0753 0.0741 0.0747
November 0.0753 0.0746 0.0750
December 0.0754 0.0745 0.0749