YEARLY HIGH
0.1965 JMD
YEARLY LOW
0.1460 JMD
YEARLY AVERAGE
0.1668 JMD

2022 MWK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.1965. Conversely, the yearly low was recorded on September 18, dropping to 0.1460.

This high-to-low spread represents a total annual volatility of 0.0505 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1899 to the December average rate of 0.1495, the exchange rate registered a net change of -21.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1965 was up 0.99% compared to the 2021 peak of 0.1946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 983 JMD
2021 Average 942 JMD
Yearly Trough Low 730 JMD
Transaction Impact: A difference of 252.42 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1986
0.1433
JanuMarcMayJulySeptNove

MWK 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 0.1849, compared to 0.1488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0361 points.

H1 Avg (Jan–Jun) 0.1849
H2 Avg (Jul–Dec) 0.1488

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0421 JMD (High: 0.1889 / Low: 0.1467). On the other end, November was the most stable month, with a tight range of 0.0010 JMD (High: 0.1504 / Low: 0.1494).

June Spread (Volatile) ±0.0421
November Spread (Stable) ±0.0010

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 May and June, when the average rate fell by 0.0325 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1940) against the same month in 2021 (average: 0.1925), the exchange rate shifted by +0.0015 (+0.76%).

2022 Avg (February) 0.1940
2021 Avg (February) 0.1925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1913 0.1887 0.1899
February 0.1965 0.1909 0.1940
March 0.1930 0.1866 0.1893
April 0.1914 0.1877 0.1897
May 0.1904 0.1848 0.1894
June 0.1889 0.1467 0.1570
July 0.1508 0.1467 0.1479
August 0.1499 0.1468 0.1481
September 0.1502 0.1460 0.1479
October 0.1506 0.1475 0.1492
November 0.1504 0.1494 0.1500
December 0.1507 0.1481 0.1495