2022 JMD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 JMD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the JMD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 103.3264. Conversely, the yearly low was recorded on February 16, dropping to 90.7810.
This high-to-low spread represents a total annual volatility of 12.5454 IDR. From a start-to-finish perspective, comparing the January average rate of 92.4953 to the December average rate of 101.5928, the exchange rate registered a net change of 9.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 103.3264 was up 3.27% compared to the 2021 peak of 100.0570, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
JMD to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 93.5905, compared to 99.9784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 5.6510 IDR (High: 99.2652 / Low: 93.6142). On the other end, January was the most stable month, with a tight range of 1.8541 IDR (High: 93.5639 / Low: 91.7098).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 101.0278) against the same month in 2021 (average: 94.4469), the exchange rate shifted by +6.5809 (+6.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.5639 | 91.7098 | 92.4953 |
| February | 93.1335 | 90.7810 | 91.8146 |
| March | 94.2961 | 92.3888 | 93.4541 |
| April | 93.9367 | 91.8664 | 93.1498 |
| May | 95.3526 | 93.4476 | 94.2892 |
| June | 99.2652 | 93.6142 | 96.3400 |
| July | 99.9404 | 96.3445 | 98.7241 |
| August | 98.8357 | 96.5836 | 97.7141 |
| September | 100.8778 | 97.7039 | 98.9670 |
| October | 103.3264 | 98.8992 | 101.0278 |
| November | 103.1064 | 100.6430 | 101.8443 |
| December | 103.1804 | 99.8869 | 101.5928 |