YEARLY HIGH
2.0991 JMD
YEARLY LOW
1.8329 JMD
YEARLY AVERAGE
1.9555 JMD

2022 INR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the INR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.0991. Conversely, the yearly low was recorded on December 31, dropping to 1.8329.

This high-to-low spread represents a total annual volatility of 0.2661 JMD. From a start-to-finish perspective, comparing the January average rate of 2.0813 to the December average rate of 1.8591, the exchange rate registered a net change of -10.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0991 was down 0.05% compared to the 2021 peak of 2.1002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 524,771 JMD
2021 Average 509,352 JMD
Yearly Trough Low 458,236 JMD
Transaction Impact: A difference of 66,535.81 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1082
1.8328
JanuMarcMayJulySeptNove

INR 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 2.0274, compared to 1.8837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1437 points.

H1 Avg (Jan–Jun) 2.0274
H2 Avg (Jul–Dec) 1.8837

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0848 JMD (High: 1.9913 / Low: 1.9065). On the other end, January was the most stable month, with a tight range of 0.0305 JMD (High: 2.0972 / Low: 2.0666).

June Spread (Volatile) ±0.0848
January Spread (Stable) ±0.0305

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 February and March, when the average rate fell by 0.0714 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 2.0853) against the same month in 2021 (average: 2.0567), the exchange rate shifted by +0.0285 (+1.39%).

2022 Avg (February) 2.0853
2021 Avg (February) 2.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0972 2.0666 2.0813
February 2.0991 2.0517 2.0853
March 2.0481 1.9928 2.0139
April 2.0483 2.0158 2.0283
May 2.0318 1.9813 2.0002
June 1.9913 1.9065 1.9556
July 1.9417 1.8919 1.9069
August 1.9450 1.8836 1.9076
September 1.9164 1.8577 1.8886
October 1.8758 1.8329 1.8557
November 1.9088 1.8491 1.8841
December 1.8946 1.8329 1.8591