2022 JOD to PEN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 JOD to PEN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the JOD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 5.6410. Conversely, the yearly low was recorded on April 4, dropping to 5.1284.
This high-to-low spread represents a total annual volatility of 0.5126 PEN. From a start-to-finish perspective, comparing the January average rate of 5.4913 to the December average rate of 5.3936, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 5.6410 was down 3.36% compared to the 2021 peak of 5.8371, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
JOD to PEN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3268, compared to 5.4840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1572 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.2819 PEN (High: 5.4103 / Low: 5.1284). On the other end, October was the most stable month, with a tight range of 0.0814 PEN (High: 5.6410 / Low: 5.5596).
Growth Streaks & Declines
TrendsBetween August and October, 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 0.1437 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 5.6062) against the same month in 2021 (average: 5.6680), the exchange rate shifted by -0.0618 (-1.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.6271 | 5.4062 | 5.4913 |
| February | 5.4593 | 5.2541 | 5.3476 |
| March | 5.3442 | 5.2221 | 5.2748 |
| April | 5.4103 | 5.1284 | 5.2707 |
| May | 5.4172 | 5.1607 | 5.2945 |
| June | 5.3430 | 5.2168 | 5.2819 |
| July | 5.5971 | 5.3983 | 5.4945 |
| August | 5.5427 | 5.3883 | 5.4625 |
| September | 5.6101 | 5.4123 | 5.4833 |
| October | 5.6410 | 5.5596 | 5.6062 |
| November | 5.6098 | 5.3717 | 5.4638 |
| December | 5.4510 | 5.3571 | 5.3936 |