YEARLY HIGH
286.0416 IRR
YEARLY LOW
267.7275 IRR
YEARLY AVERAGE
275.4923 IRR

2022 JMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 286.0416. Conversely, the yearly low was recorded on February 13, dropping to 267.7275.

This high-to-low spread represents a total annual volatility of 18.3141 IRR. From a start-to-finish perspective, comparing the January average rate of 272.7323 to the December average rate of 272.2160, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 286.0416 was down 3.56% compared to the 2021 peak of 296.6089, 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 1,430,208 IRR
2021 Average 1,400,099 IRR
Yearly Trough Low 1,338,637 IRR
Transaction Impact: A difference of 91,570.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

280.3565
269.3554
JanuMarcMayJulySeptNove

JMD to IRR 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 273.8614, compared to 277.1232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2618 points.

H1 Avg (Jan–Jun) 273.8614
H2 Avg (Jul–Dec) 277.1232

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 9.0791 IRR (High: 286.0416 / Low: 276.9624). On the other end, May was the most stable month, with a tight range of 2.5195 IRR (High: 275.1406 / Low: 272.6211).

September Spread (Volatile) ±9.0791
May Spread (Stable) ±2.5195

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.5319 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.5319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 279.4398) against the same month in 2021 (average: 282.5269), the exchange rate shifted by -3.0871 (-1.09%).

2022 Avg (September) 279.4398
2021 Avg (September) 282.5269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 274.9275 270.2162 272.7323
February 273.8565 267.7275 270.2722
March 277.9501 271.7413 275.3959
April 276.2941 270.7252 273.8327
May 275.1406 272.6211 273.6132
June 281.3320 273.8320 277.3221
July 282.1671 275.0768 279.2633
August 281.4175 276.1407 278.8697
September 286.0416 276.9624 279.4398
October 279.9185 274.2679 277.2024
November 278.4873 274.7153 275.7479
December 275.8935 268.5381 272.2160