YEARLY HIGH
0.0067 BMD
YEARLY LOW
0.0063 BMD
YEARLY AVERAGE
0.0065 BMD

2022 JMD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0067. Conversely, the yearly low was recorded on February 13, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0004 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0065, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0067 was down 4.23% compared to the 2021 peak of 0.0070, 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 34 BMD
2021 Average 33 BMD
Yearly Trough Low 32 BMD
Transaction Impact: A difference of 2.05 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0066
0.0064
JanuMarcMayJulySeptNove

JMD to BMD 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 0.0065, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0065
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 BMD (High: 0.0067 / Low: 0.0065). On the other end, May was the most stable month, with a tight range of 0.0001 BMD (High: 0.0065 / Low: 0.0064).

September Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0066) against the same month in 2021 (average: 0.0067), the exchange rate shifted by -0.0001 (-1.40%).

2022 Avg (September) 0.0066
2021 Avg (September) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0065
February 0.0065 0.0063 0.0064
March 0.0066 0.0064 0.0065
April 0.0065 0.0064 0.0065
May 0.0065 0.0064 0.0065
June 0.0066 0.0065 0.0066
July 0.0067 0.0065 0.0066
August 0.0066 0.0065 0.0066
September 0.0067 0.0065 0.0066
October 0.0066 0.0065 0.0065
November 0.0066 0.0065 0.0065
December 0.0066 0.0065 0.0065