2022 MMK to JMD Historical Review

YEARLY HIGH

0.0884 JMD

YEARLY LOW

0.0714 JMD

YEARLY AVERAGE

0.0800 JMD

2022 MMK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0884. Conversely, the yearly low was recorded on September 7, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0170 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0872 to the December average rate of 0.0730, the exchange rate registered a net change of -16.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0884 was down 20.12% compared to the 2021 peak of 0.1107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 442 JMD

2021 Average 472 JMD

Yearly Trough Low 357 JMD

Transaction Impact: A difference of 84.96 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0895

0.0706

JanuMarcMayJulySeptNove

MMK 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 0.0853, compared to 0.0748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.0853

H2 Avg (Jul–Dec) 0.0748

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0110 JMD (High: 0.0827 / Low: 0.0717). On the other end, November was the most stable month, with a tight range of 0.0005 JMD (High: 0.0735 / Low: 0.0730).

August Spread (Volatile) ±0.0110

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0063 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0879) against the same month in 2021 (average: 0.1069), the exchange rate shifted by -0.0190 (-17.74%).

2022 Avg (February) 0.0879

2021 Avg (February) 0.1069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0879	0.0864	0.0872
February	0.0884	0.0872	0.0879
March	0.0872	0.0858	0.0863
April	0.0866	0.0832	0.0842
May	0.0839	0.0830	0.0835
June	0.0834	0.0813	0.0824
July	0.0829	0.0811	0.0819
August	0.0827	0.0717	0.0756
September	0.0735	0.0714	0.0722
October	0.0731	0.0724	0.0728
November	0.0735	0.0730	0.0733
December	0.0733	0.0722	0.0730