YEARLY HIGH
0.0715 NOK
YEARLY LOW
0.0558 NOK
YEARLY AVERAGE
0.0627 NOK

2022 JMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0715. Conversely, the yearly low was recorded on February 3, dropping to 0.0558.

This high-to-low spread represents a total annual volatility of 0.0158 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0571 to the December average rate of 0.0644, the exchange rate registered a net change of 12.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0715 was up 18.47% compared to the 2021 peak of 0.0604, 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 358 NOK
2021 Average 286 NOK
Yearly Trough Low 279 NOK
Transaction Impact: A difference of 78.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0704
0.0555
JanuMarcMayJulySeptNove

JMD to NOK 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 0.0592, compared to 0.0662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0592
H2 Avg (Jul–Dec) 0.0662

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0067 NOK (High: 0.0715 / Low: 0.0648). On the other end, January was the most stable month, with a tight range of 0.0015 NOK (High: 0.0576 / Low: 0.0562).

September Spread (Volatile) ±0.0067
January Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0034 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0677) against the same month in 2021 (average: 0.0580), the exchange rate shifted by +0.0097 (+16.76%).

2022 Avg (September) 0.0677
2021 Avg (September) 0.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0576 0.0562 0.0571
February 0.0580 0.0558 0.0567
March 0.0591 0.0558 0.0575
April 0.0609 0.0564 0.0576
May 0.0639 0.0598 0.0620
June 0.0658 0.0608 0.0639
July 0.0679 0.0628 0.0659
August 0.0662 0.0625 0.0641
September 0.0715 0.0648 0.0677
October 0.0715 0.0672 0.0692
November 0.0691 0.0638 0.0658
December 0.0652 0.0632 0.0644