YEARLY HIGH
16.9502 SYP
YEARLY LOW
15.9179 SYP
YEARLY AVERAGE
16.3749 SYP

2022 JMD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 16.9502. Conversely, the yearly low was recorded on February 13, dropping to 15.9179.

This high-to-low spread represents a total annual volatility of 1.0323 SYP. From a start-to-finish perspective, comparing the January average rate of 16.2123 to the December average rate of 16.3940, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 16.9502 was up 3.57% compared to the 2021 peak of 16.3662, 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 84,751 SYP
2021 Average 40,927 SYP
Yearly Trough Low 79,590 SYP
Transaction Impact: A difference of 5,161.43 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

16.6370
16.0142
JanuMarcMayJulySeptNove

JMD to SYP 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 16.2667, compared to 16.4830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2163 points.

H1 Avg (Jan–Jun) 16.2667
H2 Avg (Jul–Dec) 16.4830

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.5186 SYP (High: 16.9502 / Low: 16.4316). On the other end, May was the most stable month, with a tight range of 0.1664 SYP (High: 16.3422 / Low: 16.1759).

September Spread (Volatile) ±0.5186
May Spread (Stable) ±0.1664

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 0.1462 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 16.5851) against the same month in 2021 (average: 8.4187), the exchange rate shifted by +8.1663 (+97.00%).

2022 Avg (September) 16.5851
2021 Avg (September) 8.4187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.3492 16.0659 16.2123
February 16.3103 15.9179 16.0661
March 16.5062 16.1623 16.3617
April 16.3884 16.0800 16.2557
May 16.3422 16.1759 16.2453
June 16.6908 16.2650 16.4593
July 16.7403 16.3390 16.5699
August 16.6959 16.3909 16.5523
September 16.9502 16.4316 16.5851
October 16.6069 16.2909 16.4458
November 16.5220 16.2847 16.3512
December 16.5612 16.3132 16.3940