2022 JMD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |