YEARLY HIGH
214.1303 JMD
YEARLY LOW
162.8416 JMD
YEARLY AVERAGE
189.9771 JMD

2022 FKP to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 214.1303. Conversely, the yearly low was recorded on September 27, dropping to 162.8416.

This high-to-low spread represents a total annual volatility of 51.2887 JMD. From a start-to-finish perspective, comparing the January average rate of 210.0433 to the December average rate of 186.5732, the exchange rate registered a net change of -11.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 214.1303 was down 1.08% compared to the 2021 peak of 216.4747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,070,651 JMD
2021 Average 1,035,941 JMD
Yearly Trough Low 814,208 JMD
Transaction Impact: A difference of 256,443.62 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

215.5984
167.6561
JanuMarcMayJulySeptNove

FKP 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 200.7326, compared to 179.2215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.5111 points.

H1 Avg (Jan–Jun) 200.7326
H2 Avg (Jul–Dec) 179.2215

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 15.5425 JMD (High: 186.7019 / Low: 171.1594). On the other end, January was the most stable month, with a tight range of 4.7526 JMD (High: 212.3538 / Low: 207.6013).

November Spread (Volatile) ±15.5425
January Spread (Stable) ±4.7526

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 9.9562 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.9562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 211.6032) against the same month in 2021 (average: 207.8336), the exchange rate shifted by +3.7696 (+1.81%).

2022 Avg (February) 211.6032
2021 Avg (February) 207.8336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 212.3538 207.6013 210.0433
February 214.1303 205.9484 211.6032
March 207.5009 199.1471 202.1316
April 203.8254 192.6203 200.0100
May 195.1744 189.5570 192.5593
June 193.8114 182.5859 188.0483
July 187.2305 179.3129 182.1354
August 187.7062 174.5205 181.6075
September 177.4558 162.8416 171.6513
October 177.8146 167.8923 172.5919
November 186.7019 171.1594 180.7697
December 190.7435 183.3510 186.5732