YEARLY HIGH
0.0748 SEK
YEARLY LOW
0.0577 SEK
YEARLY AVERAGE
0.0660 SEK

2022 JMD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0748. Conversely, the yearly low was recorded on January 13, dropping to 0.0577.

This high-to-low spread represents a total annual volatility of 0.0172 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0678, the exchange rate registered a net change of 14.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0748 was up 24.64% compared to the 2021 peak of 0.0600, 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 374 SEK
2021 Average 285 SEK
Yearly Trough Low 288 SEK
Transaction Impact: A difference of 85.81 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0742
0.0577
JanuMarcMayJulySeptNove

JMD to SEK 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 0.0621, compared to 0.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0621
H2 Avg (Jul–Dec) 0.0698

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0064 SEK (High: 0.0748 / Low: 0.0684). On the other end, May was the most stable month, with a tight range of 0.0024 SEK (High: 0.0654 / Low: 0.0630).

September Spread (Volatile) ±0.0064
May Spread (Stable) ±0.0024

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 October and November, when the average rate fell by 0.0035 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0718) against the same month in 2021 (average: 0.0579), the exchange rate shifted by +0.0139 (+24.04%).

2022 Avg (September) 0.0718
2021 Avg (September) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0604 0.0577 0.0591
February 0.0620 0.0582 0.0595
March 0.0649 0.0603 0.0624
April 0.0640 0.0610 0.0618
May 0.0654 0.0630 0.0642
June 0.0680 0.0629 0.0658
July 0.0704 0.0660 0.0684
August 0.0710 0.0660 0.0685
September 0.0748 0.0684 0.0718
October 0.0743 0.0713 0.0729
November 0.0730 0.0675 0.0694
December 0.0691 0.0662 0.0678