2022 JMD to INR Historical Review

YEARLY HIGH

0.5456 INR

YEARLY LOW

0.4764 INR

YEARLY AVERAGE

0.5122 INR

2022 JMD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5456. Conversely, the yearly low was recorded on February 19, dropping to 0.4764.

This high-to-low spread represents a total annual volatility of 0.0692 INR. From a start-to-finish perspective, comparing the January average rate of 0.4805 to the December average rate of 0.5380, the exchange rate registered a net change of 11.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5456 was up 5.88% compared to the 2021 peak of 0.5153, 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 2,728 INR

2021 Average 2,455 INR

Yearly Trough Low 2,382 INR

Transaction Impact: A difference of 345.86 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5448

0.4736

JanuMarcMayJulySeptNove

JMD to INR 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 0.4935, compared to 0.5310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 0.4935

H2 Avg (Jul–Dec) 0.5310

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0223 INR (High: 0.5245 / Low: 0.5022). On the other end, January was the most stable month, with a tight range of 0.0070 INR (High: 0.4839 / Low: 0.4768).

June Spread (Volatile) ±0.0223

January Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.5380) against the same month in 2021 (average: 0.4885), the exchange rate shifted by +0.0495 (+10.13%).

2022 Avg (December) 0.5380

2021 Avg (December) 0.4885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4839	0.4768	0.4805
February	0.4874	0.4764	0.4796
March	0.5018	0.4883	0.4966
April	0.4961	0.4882	0.4930
May	0.5047	0.4922	0.5000
June	0.5245	0.5022	0.5114
July	0.5286	0.5150	0.5244
August	0.5309	0.5141	0.5243
September	0.5383	0.5218	0.5295
October	0.5456	0.5331	0.5389
November	0.5408	0.5239	0.5308
December	0.5456	0.5278	0.5380