YEARLY HIGH
0.6841 AFN
YEARLY LOW
0.5533 AFN
YEARLY AVERAGE
0.5865 AFN

2022 JMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.6841. Conversely, the yearly low was recorded on April 28, dropping to 0.5533.

This high-to-low spread represents a total annual volatility of 0.1308 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6747 to the December average rate of 0.5707, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6841 was down 10.62% compared to the 2021 peak of 0.7654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,420 AFN
2021 Average 2,768 AFN
Yearly Trough Low 2,766 AFN
Transaction Impact: A difference of 653.81 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6856
0.5552
JanuMarcMayJulySeptNove

JMD to AFN 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 0.5947, compared to 0.5783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.5947
H2 Avg (Jul–Dec) 0.5783

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0584 AFN (High: 0.6404 / Low: 0.5820). On the other end, November was the most stable month, with a tight range of 0.0132 AFN (High: 0.5790 / Low: 0.5659).

February Spread (Volatile) ±0.0584
November Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0781 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.6747) against the same month in 2021 (average: 0.5363), the exchange rate shifted by +0.1384 (+25.81%).

2022 Avg (January) 0.6747
2021 Avg (January) 0.5363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6841 0.6539 0.6747
February 0.6404 0.5820 0.5966
March 0.5922 0.5659 0.5779
April 0.5787 0.5533 0.5660
May 0.5852 0.5547 0.5699
June 0.5926 0.5761 0.5833
July 0.5933 0.5796 0.5850
August 0.5965 0.5830 0.5887
September 0.6004 0.5733 0.5843
October 0.5823 0.5580 0.5693
November 0.5790 0.5659 0.5721
December 0.5773 0.5591 0.5707