YEARLY HIGH
9.5032 KRW
YEARLY LOW
7.6027 KRW
YEARLY AVERAGE
8.4186 KRW

2022 JMD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 9.5032. Conversely, the yearly low was recorded on February 13, dropping to 7.6027.

This high-to-low spread represents a total annual volatility of 1.9004 KRW. From a start-to-finish perspective, comparing the January average rate of 7.7182 to the December average rate of 8.4439, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.5032 was up 17.39% compared to the 2021 peak of 8.0952, 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 47,516 KRW
2021 Average 38,012 KRW
Yearly Trough Low 38,014 KRW
Transaction Impact: A difference of 9,502.08 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.5169
7.4933
JanuMarcMayJulySeptNove

JMD to KRW 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 7.9837, compared to 8.8536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8699 points.

H1 Avg (Jan–Jun) 7.9837
H2 Avg (Jul–Dec) 8.8536

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.8099 KRW (High: 9.2938 / Low: 8.4839). On the other end, January was the most stable month, with a tight range of 0.1541 KRW (High: 7.8139 / Low: 7.6598).

November Spread (Volatile) ±0.8099
January Spread (Stable) ±0.1541

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5394 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 9.3482) against the same month in 2021 (average: 7.8672), the exchange rate shifted by +1.4810 (+18.82%).

2022 Avg (October) 9.3482
2021 Avg (October) 7.8672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.8139 7.6598 7.7182
February 7.7791 7.6027 7.6619
March 8.1226 7.7658 7.9547
April 8.2341 7.8729 7.9985
May 8.3109 8.0249 8.1924
June 8.6496 8.0554 8.3762
July 8.7100 8.4438 8.6150
August 8.9676 8.5023 8.7058
September 9.4660 8.9882 9.1999
October 9.5032 9.1875 9.3482
November 9.2938 8.4839 8.8088
December 8.5870 8.2890 8.4439