YEARLY HIGH
24.8339 JMD
YEARLY LOW
20.8860 JMD
YEARLY AVERAGE
22.8584 JMD

2022 CNY to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CNY to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 24.8339. Conversely, the yearly low was recorded on October 23, dropping to 20.8860.

This high-to-low spread represents a total annual volatility of 3.9479 JMD. From a start-to-finish perspective, comparing the January average rate of 24.3822 to the December average rate of 21.9770, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.8339 was up 1.62% compared to the 2021 peak of 24.4370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 620,848 JMD
2021 Average 583,730 JMD
Yearly Trough Low 522,150 JMD
Transaction Impact: A difference of 98,698.37 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.9930
20.9101
JanuMarcMayJulySeptNove

CNY 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 23.8605, compared to 21.8562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0043 points.

H1 Avg (Jan–Jun) 23.8605
H2 Avg (Jul–Dec) 21.8562

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 1.2187 JMD (High: 24.5394 / Low: 23.3207). On the other end, December was the most stable month, with a tight range of 0.3696 JMD (High: 22.1724 / Low: 21.8028).

April Spread (Volatile) ±1.2187
December Spread (Stable) ±0.3696

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 April and May, when the average rate fell by 0.9544 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 24.6528) against the same month in 2021 (average: 23.1694), the exchange rate shifted by +1.4834 (+6.40%).

2022 Avg (February) 24.6528
2021 Avg (February) 23.1694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.6820 24.0957 24.3822
February 24.8339 24.3796 24.6528
March 24.5912 23.9045 24.1962
April 24.5394 23.3207 24.0430
May 23.4104 22.8454 23.0886
June 23.1492 22.4651 22.8004
July 22.8011 22.3998 22.5213
August 22.6961 21.7890 22.3240
September 21.9346 21.1119 21.6189
October 21.6735 20.8860 21.2503
November 21.8345 20.9846 21.4457
December 22.1724 21.8028 21.9770