YEARLY HIGH
0.3536 ETB
YEARLY LOW
0.3184 ETB
YEARLY AVERAGE
0.3385 ETB

2022 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3536. Conversely, the yearly low was recorded on January 29, dropping to 0.3184.

This high-to-low spread represents a total annual volatility of 0.0352 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3200 to the December average rate of 0.3493, the exchange rate registered a net change of 9.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3536 was down 76.01% compared to the 2021 peak of 1.4739, 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 1,768 ETB
2021 Average 1,470 ETB
Yearly Trough Low 1,592 ETB
Transaction Impact: A difference of 175.93 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3523
0.3171
JanuMarcMayJulySeptNove

JMD to ETB 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 0.3305, compared to 0.3465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.3305
H2 Avg (Jul–Dec) 0.3465

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0115 ETB (High: 0.3463 / Low: 0.3347). On the other end, November was the most stable month, with a tight range of 0.0034 ETB (High: 0.3472 / Low: 0.3438).

June Spread (Volatile) ±0.0115
November Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.3493) against the same month in 2021 (average: 0.3523), the exchange rate shifted by -0.0029 (-0.83%).

2022 Avg (December) 0.3493
2021 Avg (December) 0.3523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3220 0.3184 0.3200
February 0.3303 0.3190 0.3230
March 0.3359 0.3301 0.3332
April 0.3351 0.3307 0.3326
May 0.3368 0.3319 0.3339
June 0.3463 0.3347 0.3405
July 0.3472 0.3391 0.3447
August 0.3505 0.3408 0.3460
September 0.3520 0.3443 0.3476
October 0.3480 0.3432 0.3457
November 0.3472 0.3438 0.3458
December 0.3536 0.3470 0.3493