YEARLY HIGH
1.3846 JMD
YEARLY LOW
1.2284 JMD
YEARLY AVERAGE
1.3024 JMD

2022 KES to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KES to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 1.3846. Conversely, the yearly low was recorded on December 31, dropping to 1.2284.

This high-to-low spread represents a total annual volatility of 0.1562 JMD. From a start-to-finish perspective, comparing the January average rate of 1.3665 to the December average rate of 1.2457, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3846 was down 3.30% compared to the 2021 peak of 1.4319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,923 JMD
2021 Average 6,868 JMD
Yearly Trough Low 6,142 JMD
Transaction Impact: A difference of 780.86 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3881
1.2327
JanuMarcMayJulySeptNove

KES to JMD 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 1.3421, compared to 1.2628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0793 points.

H1 Avg (Jan–Jun) 1.3421
H2 Avg (Jul–Dec) 1.2628

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0423 JMD (High: 1.3203 / Low: 1.2780). On the other end, November was the most stable month, with a tight range of 0.0090 JMD (High: 1.2657 / Low: 1.2567).

June Spread (Volatile) ±0.0423
November Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0334 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 1.3752) against the same month in 2021 (average: 1.3659), the exchange rate shifted by +0.0093 (+0.68%).

2022 Avg (February) 1.3752
2021 Avg (February) 1.3659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3764 1.3570 1.3665
February 1.3846 1.3594 1.3752
March 1.3615 1.3306 1.3418
April 1.3517 1.3315 1.3380
May 1.3377 1.3158 1.3299
June 1.3203 1.2780 1.3012
July 1.2933 1.2709 1.2812
August 1.2871 1.2525 1.2696
September 1.2690 1.2311 1.2576
October 1.2762 1.2483 1.2620
November 1.2657 1.2567 1.2606
December 1.2563 1.2284 1.2457