YEARLY HIGH
0.0134 BGN
YEARLY LOW
0.0109 BGN
YEARLY AVERAGE
0.0121 BGN

2022 JMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0134. Conversely, the yearly low was recorded on February 12, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0026 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0121, the exchange rate registered a net change of 8.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0134 was up 16.59% compared to the 2021 peak of 0.0115, 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 67 BGN
2021 Average 55 BGN
Yearly Trough Low 54 BGN
Transaction Impact: A difference of 12.81 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0132
0.0108
JanuMarcMayJulySeptNove

JMD to BGN 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 0.0116, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0116
H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0009 BGN (High: 0.0131 / Low: 0.0122). On the other end, January was the most stable month, with a tight range of 0.0002 BGN (High: 0.0112 / Low: 0.0110).

November Spread (Volatile) ±0.0009
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0130) against the same month in 2021 (average: 0.0111), the exchange rate shifted by +0.0019 (+17.16%).

2022 Avg (September) 0.0130
2021 Avg (September) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0112 0.0110 0.0112
February 0.0113 0.0109 0.0110
March 0.0117 0.0113 0.0116
April 0.0121 0.0115 0.0117
May 0.0121 0.0118 0.0120
June 0.0124 0.0118 0.0121
July 0.0129 0.0124 0.0127
August 0.0130 0.0125 0.0127
September 0.0134 0.0127 0.0130
October 0.0132 0.0128 0.0130
November 0.0131 0.0122 0.0125
December 0.0122 0.0119 0.0121