YEARLY HIGH
0.0110 JMD
YEARLY LOW
0.0097 JMD
YEARLY AVERAGE
0.0103 JMD

2022 IDR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IDR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0110. Conversely, the yearly low was recorded on October 23, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0013 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0098, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0110 was up 0.40% compared to the 2021 peak of 0.0110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 110,155 JMD
2021 Average 105,279 JMD
Yearly Trough Low 96,781 JMD
Transaction Impact: A difference of 13,374.54 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0110
0.0097
JanuMarcMayJulySeptNove

IDR 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 0.0107, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0006 JMD (High: 0.0107 / Low: 0.0101). On the other end, May was the most stable month, with a tight range of 0.0002 JMD (High: 0.0107 / Low: 0.0105).

June Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0109) against the same month in 2021 (average: 0.0107), the exchange rate shifted by +0.0002 (+2.21%).

2022 Avg (February) 0.0109
2021 Avg (February) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0109 0.0107 0.0108
February 0.0110 0.0107 0.0109
March 0.0108 0.0106 0.0107
April 0.0109 0.0106 0.0107
May 0.0107 0.0105 0.0106
June 0.0107 0.0101 0.0104
July 0.0104 0.0100 0.0101
August 0.0104 0.0101 0.0102
September 0.0102 0.0099 0.0101
October 0.0101 0.0097 0.0099
November 0.0099 0.0097 0.0098
December 0.0100 0.0097 0.0098