YEARLY HIGH
0.1044 MVR
YEARLY LOW
0.0979 MVR
YEARLY AVERAGE
0.1005 MVR

2022 JMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.1044. Conversely, the yearly low was recorded on February 13, dropping to 0.0979.

This high-to-low spread represents a total annual volatility of 0.0065 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0997 to the December average rate of 0.1003, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1044 was down 3.86% compared to the 2021 peak of 0.1086, 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 522 MVR
2021 Average 513 MVR
Yearly Trough Low 490 MVR
Transaction Impact: A difference of 32.31 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1023
0.0985
JanuMarcMayJulySeptNove

JMD to MVR 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 0.1000, compared to 0.1011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1000
H2 Avg (Jul–Dec) 0.1011

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0033 MVR (High: 0.1033 / Low: 0.1000). On the other end, May was the most stable month, with a tight range of 0.0010 MVR (High: 0.1005 / Low: 0.0995).

July Spread (Volatile) ±0.0033
May Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1019) against the same month in 2021 (average: 0.1033), the exchange rate shifted by -0.0014 (-1.35%).

2022 Avg (September) 0.1019
2021 Avg (September) 0.1033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1005 0.0988 0.0997
February 0.1003 0.0979 0.0988
March 0.1015 0.0994 0.1006
April 0.1009 0.0989 0.1000
May 0.1005 0.0995 0.0999
June 0.1027 0.1000 0.1010
July 0.1033 0.1000 0.1016
August 0.1021 0.1001 0.1012
September 0.1044 0.1010 0.1019
October 0.1017 0.1002 0.1011
November 0.1015 0.0996 0.1002
December 0.1015 0.0992 0.1003