YEARLY HIGH
2.8865 BAM
YEARLY LOW
2.4040 BAM
YEARLY AVERAGE
2.6218 BAM

2022 JOD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 2.8865. Conversely, the yearly low was recorded on February 6, dropping to 2.4040.

This high-to-low spread represents a total annual volatility of 0.4826 BAM. From a start-to-finish perspective, comparing the January average rate of 2.4371 to the December average rate of 2.6051, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8865 was up 17.36% compared to the 2021 peak of 2.4596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 14,433 BAM
2021 Average 11,665 BAM
Yearly Trough Low 12,020 BAM
Transaction Impact: A difference of 2,412.82 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8474
2.3921
JanuMarcMayJulySeptNove

JOD to BAM 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 2.5225, compared to 2.7212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1987 points.

H1 Avg (Jan–Jun) 2.5225
H2 Avg (Jul–Dec) 2.7212

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1802 BAM (High: 2.8164 / Low: 2.6362). On the other end, December was the most stable month, with a tight range of 0.0543 BAM (High: 2.6409 / Low: 2.5866).

November Spread (Volatile) ±0.1802
December Spread (Stable) ±0.0543

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1060 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.7799) against the same month in 2021 (average: 2.3420), the exchange rate shifted by +0.4379 (+18.70%).

2022 Avg (September) 2.7799
2021 Avg (September) 2.3420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4763 2.4075 2.4371
February 2.4643 2.4040 2.4301
March 2.5356 2.4676 2.5042
April 2.6256 2.4943 2.5478
May 2.6536 2.5591 2.6076
June 2.6525 2.5650 2.6082
July 2.7543 2.6390 2.7046
August 2.7799 2.6790 2.7245
September 2.8865 2.7090 2.7799
October 2.8454 2.7489 2.8094
November 2.8164 2.6362 2.7034
December 2.6409 2.5866 2.6051