YEARLY HIGH
1.0611 JMD
YEARLY LOW
0.9625 JMD
YEARLY AVERAGE
1.0039 JMD

2022 LRD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LRD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0611. Conversely, the yearly low was recorded on September 18, dropping to 0.9625.

This high-to-low spread represents a total annual volatility of 0.0986 JMD. From a start-to-finish perspective, comparing the January average rate of 1.0374 to the December average rate of 0.9939, the exchange rate registered a net change of -4.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0611 was down 3.21% compared to the 2021 peak of 1.0963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,306 JMD
2021 Average 4,555 JMD
Yearly Trough Low 4,813 JMD
Transaction Impact: A difference of 492.98 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0426
0.9793
JanuMarcMayJulySeptNove

LRD 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 1.0155, compared to 0.9923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 1.0155
H2 Avg (Jul–Dec) 0.9923

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0378 JMD (High: 1.0003 / Low: 0.9625). On the other end, March was the most stable month, with a tight range of 0.0142 JMD (High: 1.0073 / Low: 0.9931).

September Spread (Volatile) ±0.0378
March Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between March and May, 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 0.0200 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.0374) against the same month in 2021 (average: 0.8568), the exchange rate shifted by +0.1805 (+21.07%).

2022 Avg (January) 1.0374
2021 Avg (January) 0.8568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0611 1.0247 1.0374
February 1.0274 0.9988 1.0174
March 1.0073 0.9931 0.9995
April 1.0266 1.0043 1.0152
May 1.0281 1.0079 1.0193
June 1.0163 0.9871 1.0039
July 1.0067 0.9849 0.9942
August 0.9983 0.9785 0.9882
September 1.0003 0.9625 0.9846
October 1.0038 0.9847 0.9943
November 1.0043 0.9889 0.9987
December 1.0001 0.9823 0.9939