YEARLY HIGH
0.4311 MZN
YEARLY LOW
0.4046 MZN
YEARLY AVERAGE
0.4162 MZN

2022 JMD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.4311. Conversely, the yearly low was recorded on February 13, dropping to 0.4046.

This high-to-low spread represents a total annual volatility of 0.0265 MZN. From a start-to-finish perspective, comparing the January average rate of 0.4120 to the December average rate of 0.4168, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4311 was down 18.33% compared to the 2021 peak of 0.5279, 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 2,155 MZN
2021 Average 2,179 MZN
Yearly Trough Low 2,023 MZN
Transaction Impact: A difference of 132.68 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4231
0.4070
JanuMarcMayJulySeptNove

JMD to MZN 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 0.4134, compared to 0.4190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.4134
H2 Avg (Jul–Dec) 0.4190

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0132 MZN (High: 0.4311 / Low: 0.4179). On the other end, May was the most stable month, with a tight range of 0.0046 MZN (High: 0.4157 / Low: 0.4111).

September Spread (Volatile) ±0.0132
May Spread (Stable) ±0.0046

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 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.4217) against the same month in 2021 (average: 0.4272), the exchange rate shifted by -0.0055 (-1.28%).

2022 Avg (September) 0.4217
2021 Avg (September) 0.4272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4155 0.4082 0.4120
February 0.4144 0.4046 0.4083
March 0.4195 0.4108 0.4158
April 0.4167 0.4086 0.4131
May 0.4157 0.4111 0.4128
June 0.4243 0.4137 0.4185
July 0.4254 0.4154 0.4211
August 0.4246 0.4166 0.4208
September 0.4311 0.4179 0.4217
October 0.4220 0.4143 0.4181
November 0.4200 0.4138 0.4156
December 0.4209 0.4147 0.4168