YEARLY HIGH
20.2308 JMD
YEARLY LOW
18.8844 JMD
YEARLY AVERAGE
19.5964 JMD

2022 HKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 20.2308. Conversely, the yearly low was recorded on September 18, dropping to 18.8844.

This high-to-low spread represents a total annual volatility of 1.3464 JMD. From a start-to-finish perspective, comparing the January average rate of 19.8872 to the December average rate of 19.6754, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.2308 was up 1.07% compared to the 2021 peak of 20.0167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505,769 JMD
2021 Average 484,457 JMD
Yearly Trough Low 472,110 JMD
Transaction Impact: A difference of 33,659.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.1223
19.2264
JanuMarcMayJulySeptNove

HKD 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 19.7376, compared to 19.4552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2824 points.

H1 Avg (Jan–Jun) 19.7376
H2 Avg (Jul–Dec) 19.4552

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.5955 JMD (High: 19.4798 / Low: 18.8844). On the other end, May was the most stable month, with a tight range of 0.1958 JMD (High: 19.7860 / Low: 19.5903).

September Spread (Volatile) ±0.5955
May Spread (Stable) ±0.1958

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 February and March, when the average rate fell by 0.4229 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 20.0477) against the same month in 2021 (average: 19.3194), the exchange rate shifted by +0.7283 (+3.77%).

2022 Avg (February) 20.0477
2021 Avg (February) 19.3194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0526 19.7065 19.8872
February 20.2308 19.7263 20.0477
March 19.8864 19.4443 19.6248
April 19.9249 19.5648 19.7100
May 19.7860 19.5903 19.7043
June 19.6795 19.1857 19.4517
July 19.5903 19.1219 19.3198
August 19.5275 19.1744 19.3471
September 19.4798 18.8844 19.3010
October 19.6475 19.2743 19.4629
November 19.7396 19.3730 19.6252
December 19.8034 19.4170 19.6754