YEARLY HIGH
0.7618 CVE
YEARLY LOW
0.6137 CVE
YEARLY AVERAGE
0.6851 CVE

2022 JMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.7618. Conversely, the yearly low was recorded on February 10, dropping to 0.6137.

This high-to-low spread represents a total annual volatility of 0.1481 CVE. From a start-to-finish perspective, comparing the January average rate of 0.6305 to the December average rate of 0.6809, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7618 was up 16.77% compared to the 2021 peak of 0.6524, 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 3,809 CVE
2021 Average 3,108 CVE
Yearly Trough Low 3,069 CVE
Transaction Impact: A difference of 740.36 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7494
0.6129
JanuMarcMayJulySeptNove

JMD to CVE 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 0.6553, compared to 0.7148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 0.6553
H2 Avg (Jul–Dec) 0.7148

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0600 CVE (High: 0.7591 / Low: 0.6991). On the other end, January was the most stable month, with a tight range of 0.0131 CVE (High: 0.6363 / Low: 0.6232).

September Spread (Volatile) ±0.0600
January Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0311 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.7380) against the same month in 2021 (average: 0.6347), the exchange rate shifted by +0.1033 (+16.27%).

2022 Avg (October) 0.7380
2021 Avg (October) 0.6347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6363 0.6232 0.6305
February 0.6418 0.6137 0.6243
March 0.6622 0.6363 0.6550
April 0.6821 0.6521 0.6602
May 0.6858 0.6657 0.6766
June 0.6986 0.6696 0.6854
July 0.7230 0.6786 0.7093
August 0.7363 0.7031 0.7199
September 0.7591 0.6991 0.7338
October 0.7618 0.7273 0.7380
November 0.7329 0.6861 0.7069
December 0.6914 0.6750 0.6809