YEARLY HIGH
0.0461 BOB
YEARLY LOW
0.0437 BOB
YEARLY AVERAGE
0.0449 BOB

2022 JMD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0461. Conversely, the yearly low was recorded on February 10, dropping to 0.0437.

This high-to-low spread represents a total annual volatility of 0.0023 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0451, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0461 was down 5.09% compared to the 2021 peak of 0.0485, 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 230 BOB
2021 Average 229 BOB
Yearly Trough Low 219 BOB
Transaction Impact: A difference of 11.68 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0457
0.0439
JanuMarcMayJulySeptNove

JMD to BOB 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 0.0446, compared to 0.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0446
H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0013 BOB (High: 0.0461 / Low: 0.0448). On the other end, November was the most stable month, with a tight range of 0.0003 BOB (High: 0.0451 / Low: 0.0448).

September Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and September, 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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0456) against the same month in 2021 (average: 0.0462), the exchange rate shifted by -0.0006 (-1.34%).

2022 Avg (September) 0.0456
2021 Avg (September) 0.0462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0449 0.0440 0.0445
February 0.0444 0.0437 0.0440
March 0.0451 0.0443 0.0448
April 0.0449 0.0444 0.0446
May 0.0448 0.0442 0.0445
June 0.0457 0.0446 0.0451
July 0.0459 0.0448 0.0453
August 0.0459 0.0449 0.0455
September 0.0461 0.0448 0.0456
October 0.0455 0.0450 0.0452
November 0.0451 0.0448 0.0449
December 0.0455 0.0449 0.0451