2022 JMD to ISK Historical Review

YEARLY HIGH

0.9700 ISK

YEARLY LOW

0.7903 ISK

YEARLY AVERAGE

0.8816 ISK

2022 JMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.9700. Conversely, the yearly low was recorded on February 15, dropping to 0.7903.

This high-to-low spread represents a total annual volatility of 0.1797 ISK. From a start-to-finish perspective, comparing the January average rate of 0.8324 to the December average rate of 0.9286, the exchange rate registered a net change of 11.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9700 was up 7.42% compared to the 2021 peak of 0.9030, 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 4,850 ISK

2021 Average 4,217 ISK

Yearly Trough Low 3,952 ISK

Transaction Impact: A difference of 898.40 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9563

0.7857

JanuMarcMayJulySeptNove

JMD to ISK 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 0.8372, compared to 0.9261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0889 points.

H1 Avg (Jan–Jun) 0.8372

H2 Avg (Jul–Dec) 0.9261

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0594 ISK (High: 0.8871 / Low: 0.8277). On the other end, December was the most stable month, with a tight range of 0.0248 ISK (High: 0.9414 / Low: 0.9166).

June Spread (Volatile) ±0.0594

December Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0325 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.9376) against the same month in 2021 (average: 0.8405), the exchange rate shifted by +0.0970 (+11.54%).

2022 Avg (November) 0.9376

2021 Avg (November) 0.8405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8482	0.8168	0.8324
February	0.8166	0.7903	0.7999
March	0.8734	0.8244	0.8488
April	0.8490	0.8241	0.8365
May	0.8666	0.8231	0.8468
June	0.8871	0.8277	0.8586
July	0.9159	0.8821	0.8996
August	0.9411	0.8826	0.9135
September	0.9576	0.9110	0.9354
October	0.9523	0.9272	0.9420
November	0.9700	0.9127	0.9376
December	0.9414	0.9166	0.9286