YEARLY HIGH
10.0593 JMD
YEARLY LOW
6.1373 JMD
YEARLY AVERAGE
8.1564 JMD

2022 EGP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 10.0593. Conversely, the yearly low was recorded on December 31, dropping to 6.1373.

This high-to-low spread represents a total annual volatility of 3.9219 JMD. From a start-to-finish perspective, comparing the January average rate of 9.8578 to the December average rate of 6.2157, the exchange rate registered a net change of -36.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.0593 was up 1.30% compared to the 2021 peak of 9.9298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,296 JMD
2021 Average 47,980 JMD
Yearly Trough Low 30,687 JMD
Transaction Impact: A difference of 19,609.63 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.3163
5.8429
JanuMarcMayJulySeptNove

EGP 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 8.9989, compared to 7.3138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6851 points.

H1 Avg (Jan–Jun) 8.9989
H2 Avg (Jul–Dec) 7.3138

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.6740 JMD (High: 9.8831 / Low: 8.2090). On the other end, November was the most stable month, with a tight range of 0.1241 JMD (High: 6.3646 / Low: 6.2405).

March Spread (Volatile) ±1.6740
November Spread (Stable) ±0.1241

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.3122 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 9.9435) against the same month in 2021 (average: 9.5617), the exchange rate shifted by +0.3817 (+3.99%).

2022 Avg (February) 9.9435
2021 Avg (February) 9.5617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9428 9.7727 9.8578
February 10.0593 9.7780 9.9435
March 9.8831 8.2090 9.2672
April 8.4734 8.3251 8.3851
May 8.4828 8.2615 8.3880
June 8.2802 8.0072 8.1520
July 8.1317 7.9425 8.0264
August 8.0690 7.8261 7.9263
September 7.8949 7.7024 7.8158
October 7.8044 6.3455 7.6054
November 6.3646 6.2405 6.2932
December 6.2680 6.1373 6.2157