2022 MAD to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MAD to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MAD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 16.8808. Conversely, the yearly low was recorded on September 28, dropping to 13.6872.
This high-to-low spread represents a total annual volatility of 3.1936 JMD. From a start-to-finish perspective, comparing the January average rate of 16.6800 to the December average rate of 14.5727, the exchange rate registered a net change of -12.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 16.8808 was down 3.16% compared to the 2021 peak of 17.4325, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MAD to JMD 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 15.9326, compared to 14.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 0.8189 JMD (High: 16.2223 / Low: 15.4035). On the other end, December was the most stable month, with a tight range of 0.1636 JMD (High: 14.6650 / Low: 14.5014).
Growth Streaks & Declines
TrendsBetween October and December, 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 February and March, when the average rate fell by 0.8797 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 16.6545) against the same month in 2021 (average: 16.7471), the exchange rate shifted by -0.0926 (-0.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.8186 | 16.5641 | 16.6800 |
| February | 16.8808 | 16.2419 | 16.6545 |
| March | 16.2223 | 15.4035 | 15.7748 |
| April | 15.8626 | 15.4565 | 15.7395 |
| May | 15.6188 | 15.3113 | 15.4642 |
| June | 15.6433 | 14.8378 | 15.2822 |
| July | 15.0320 | 14.4311 | 14.8217 |
| August | 14.9028 | 14.2346 | 14.5838 |
| September | 14.4877 | 13.6872 | 14.1060 |
| October | 14.0921 | 13.8528 | 13.9441 |
| November | 14.4875 | 13.8896 | 14.2565 |
| December | 14.6650 | 14.5014 | 14.5727 |