YEARLY HIGH
0.1232 TRY
YEARLY LOW
0.0848 TRY
YEARLY AVERAGE
0.1080 TRY

2022 JMD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.1232. Conversely, the yearly low was recorded on January 3, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0384 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0873 to the December average rate of 0.1217, the exchange rate registered a net change of 39.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1232 was up 14.65% compared to the 2021 peak of 0.1075, 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 616 TRY
2021 Average 295 TRY
Yearly Trough Low 424 TRY
Transaction Impact: A difference of 191.99 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1252
0.0838
JanuMarcMayJulySeptNove

JMD to TRY 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 0.0962, compared to 0.1198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.0962
H2 Avg (Jul–Dec) 0.1198

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0112 TRY (High: 0.1067 / Low: 0.0955). On the other end, November was the most stable month, with a tight range of 0.0020 TRY (High: 0.1223 / Low: 0.1204).

May Spread (Volatile) ±0.0112
November Spread (Stable) ±0.0020

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 0.0006 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1208) against the same month in 2021 (average: 0.0574), the exchange rate shifted by +0.0635 (+110.55%).

2022 Avg (September) 0.1208
2021 Avg (September) 0.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0903 0.0848 0.0873
February 0.0914 0.0857 0.0873
March 0.0974 0.0897 0.0952
April 0.0961 0.0937 0.0952
May 0.1067 0.0955 0.1010
June 0.1146 0.1065 0.1112
July 0.1172 0.1113 0.1151
August 0.1209 0.1169 0.1188
September 0.1232 0.1197 0.1208
October 0.1229 0.1205 0.1216
November 0.1223 0.1204 0.1210
December 0.1232 0.1209 0.1217