YEARLY HIGH
9.7302 IQD
YEARLY LOW
9.2794 IQD
YEARLY AVERAGE
9.5139 IQD

2022 JMD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 9.7302. Conversely, the yearly low was recorded on February 13, dropping to 9.2794.

This high-to-low spread represents a total annual volatility of 0.4508 IQD. From a start-to-finish perspective, comparing the January average rate of 9.4177 to the December average rate of 9.5282, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.7302 was down 5.46% compared to the 2021 peak of 10.2926, 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 48,651 IQD
2021 Average 48,493 IQD
Yearly Trough Low 46,397 IQD
Transaction Impact: A difference of 2,253.81 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.6575
9.3047
JanuMarcMayJulySeptNove

JMD to IQD 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 9.4541, compared to 9.5737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1195 points.

H1 Avg (Jan–Jun) 9.4541
H2 Avg (Jul–Dec) 9.5737

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2705 IQD (High: 9.7302 / Low: 9.4597). On the other end, November was the most stable month, with a tight range of 0.0572 IQD (High: 9.5202 / Low: 9.4630).

September Spread (Volatile) ±0.2705
November Spread (Stable) ±0.0572

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 0.0836 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0836

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 9.6281) against the same month in 2021 (average: 9.7722), the exchange rate shifted by -0.1441 (-1.47%).

2022 Avg (September) 9.6281
2021 Avg (September) 9.7722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.4830 9.3397 9.4177
February 9.4233 9.2794 9.3341
March 9.5769 9.4082 9.5127
April 9.5230 9.3733 9.4524
May 9.4966 9.3965 9.4389
June 9.6902 9.4736 9.5689
July 9.7060 9.4944 9.6180
August 9.6945 9.5335 9.6227
September 9.7302 9.4597 9.6281
October 9.6366 9.4334 9.5529
November 9.5202 9.4630 9.4921
December 9.6268 9.4820 9.5282