YEARLY HIGH
0.0179 JMD
YEARLY LOW
0.0165 JMD
YEARLY AVERAGE
0.0174 JMD

2022 GNF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0179. Conversely, the yearly low was recorded on January 3, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0014 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0176, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0179 was up 7.79% compared to the 2021 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 JMD
2021 Average 77 JMD
Yearly Trough Low 82 JMD
Transaction Impact: A difference of 6.96 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0178
0.0170
JanuMarcMayJulySeptNove

GNF 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 0.0173, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0173
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.0009 JMD (High: 0.0174 / Low: 0.0165). On the other end, March was the most stable month, with a tight range of 0.0002 JMD (High: 0.0173 / Low: 0.0171).

January Spread (Volatile) ±0.0009
March Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0177) against the same month in 2021 (average: 0.0163), the exchange rate shifted by +0.0014 (+8.56%).

2022 Avg (November) 0.0177
2021 Avg (November) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0165 0.0170
February 0.0175 0.0172 0.0173
March 0.0173 0.0171 0.0172
April 0.0176 0.0172 0.0174
May 0.0177 0.0174 0.0175
June 0.0176 0.0171 0.0173
July 0.0177 0.0173 0.0175
August 0.0176 0.0172 0.0175
September 0.0179 0.0170 0.0174
October 0.0177 0.0173 0.0176
November 0.0179 0.0175 0.0177
December 0.0179 0.0173 0.0176