YEARLY HIGH
23.8537 JMD
YEARLY LOW
19.3373 JMD
YEARLY AVERAGE
21.4770 JMD

2022 HRK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 23.8537. Conversely, the yearly low was recorded on September 27, dropping to 19.3373.

This high-to-low spread represents a total annual volatility of 4.5164 JMD. From a start-to-finish perspective, comparing the January average rate of 23.3146 to the December average rate of 21.5092, the exchange rate registered a net change of -7.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.8537 was down 3.49% compared to the 2021 peak of 24.7155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119,268 JMD
2021 Average 118,299 JMD
Yearly Trough Low 96,687 JMD
Transaction Impact: A difference of 22,581.84 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

23.8974
19.5982
JanuMarcMayJulySeptNove

HRK 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 22.4064, compared to 20.5476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8589 points.

H1 Avg (Jan–Jun) 22.4064
H2 Avg (Jul–Dec) 20.5476

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.4950 JMD (High: 21.3155 / Low: 19.8204). On the other end, December was the most stable month, with a tight range of 0.4526 JMD (High: 21.7477 / Low: 21.2951).

November Spread (Volatile) ±1.4950
December Spread (Stable) ±0.4526

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 February and March, when the average rate fell by 1.2109 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 23.5392) against the same month in 2021 (average: 23.9205), the exchange rate shifted by -0.3813 (-1.59%).

2022 Avg (February) 23.5392
2021 Avg (February) 23.9205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.5893 23.0963 23.3146
February 23.8537 22.9556 23.5392
March 22.7905 22.0527 22.3283
April 22.4383 21.4386 22.1166
May 22.0725 21.4137 21.7009
June 21.9909 20.8869 21.4390
July 20.8925 20.1838 20.5633
August 20.9032 19.9609 20.4532
September 20.4340 19.3373 19.9620
October 20.3004 19.7107 19.9565
November 21.3155 19.8204 20.8411
December 21.7477 21.2951 21.5092