YEARLY HIGH
0.0095 SGD
YEARLY LOW
0.0085 SGD
YEARLY AVERAGE
0.0090 SGD

2022 JMD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0095. Conversely, the yearly low was recorded on February 13, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0009 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0088, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0095 was up 1.89% compared to the 2021 peak of 0.0093, 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 SGD
2021 Average 45 SGD
Yearly Trough Low 43 SGD
Transaction Impact: A difference of 4.75 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0094
0.0085
JanuMarcMayJulySeptNove

JMD to SGD 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 0.0088, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0088
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0005 SGD (High: 0.0093 / Low: 0.0088). On the other end, December was the most stable month, with a tight range of 0.0001 SGD (High: 0.0089 / Low: 0.0087).

November Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0093) against the same month in 2021 (average: 0.0090), the exchange rate shifted by +0.0003 (+3.36%).

2022 Avg (September) 0.0093
2021 Avg (September) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0088 0.0086 0.0087
February 0.0088 0.0085 0.0086
March 0.0089 0.0087 0.0089
April 0.0090 0.0087 0.0088
May 0.0090 0.0089 0.0089
June 0.0093 0.0089 0.0091
July 0.0093 0.0090 0.0092
August 0.0093 0.0090 0.0091
September 0.0095 0.0092 0.0093
October 0.0094 0.0092 0.0093
November 0.0093 0.0088 0.0090
December 0.0089 0.0087 0.0088