YEARLY HIGH
522.0440 JMD
YEARLY LOW
479.5372 JMD
YEARLY AVERAGE
501.0151 JMD

2022 KWD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KWD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 522.0440. Conversely, the yearly low was recorded on September 18, dropping to 479.5372.

This high-to-low spread represents a total annual volatility of 42.5069 JMD. From a start-to-finish perspective, comparing the January average rate of 512.2894 to the December average rate of 500.0034, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 522.0440 was up 1.01% compared to the 2021 peak of 516.8272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,610,220 JMD
2021 Average 2,496,072 JMD
Yearly Trough Low 2,397,686 JMD
Transaction Impact: A difference of 212,534.34 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

519.5368
487.4841
JanuMarcMayJulySeptNove

KWD 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 507.2018, compared to 494.8283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3734 points.

H1 Avg (Jan–Jun) 507.2018
H2 Avg (Jul–Dec) 494.8283

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 13.8747 JMD (High: 493.4118 / Low: 479.5372). On the other end, May was the most stable month, with a tight range of 5.3340 JMD (High: 506.5798 / Low: 501.2458).

September Spread (Volatile) ±13.8747
May Spread (Stable) ±5.3340

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 11.4994 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.4994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 516.8657) against the same month in 2021 (average: 494.8858), the exchange rate shifted by +21.9799 (+4.44%).

2022 Avg (February) 516.8657
2021 Avg (February) 494.8858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 516.0291 507.7358 512.2894
February 522.0440 508.2338 516.8657
March 512.5904 500.9351 505.3663
April 511.9999 503.3783 506.2701
May 506.5798 501.2458 504.6317
June 503.6295 490.9157 497.7874
July 501.0842 488.1383 493.2259
August 499.7692 488.1858 494.1840
September 493.4118 479.5372 490.1551
October 496.3609 487.5749 492.7572
November 501.4508 492.7805 498.6444
December 502.6953 496.7076 500.0034