YEARLY HIGH
8.0327 JMD
YEARLY LOW
7.1945 JMD
YEARLY AVERAGE
7.6341 JMD

2022 MXN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 8.0327. Conversely, the yearly low was recorded on March 8, dropping to 7.1945.

This high-to-low spread represents a total annual volatility of 0.8382 JMD. From a start-to-finish perspective, comparing the January average rate of 7.5586 to the December average rate of 7.8243, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 8.0327 was up 2.94% compared to the 2021 peak of 7.8032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 401,637 JMD
2021 Average 371,383 JMD
Yearly Trough Low 359,727 JMD
Transaction Impact: A difference of 41,910.16 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7.9510
7.3465
JanuMarcMayJulySeptNove

MXN 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 7.6244, compared to 7.6438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 7.6244
H2 Avg (Jul–Dec) 7.6438

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.5271 JMD (High: 7.7217 / Low: 7.1945). On the other end, January was the most stable month, with a tight range of 0.1593 JMD (High: 7.6408 / Low: 7.4815).

March Spread (Volatile) ±0.5271
January Spread (Stable) ±0.1593

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2454 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 7.8243) against the same month in 2021 (average: 7.3895), the exchange rate shifted by +0.4348 (+5.88%).

2022 Avg (December) 7.8243
2021 Avg (December) 7.3895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.6408 7.4815 7.5586
February 7.7471 7.4844 7.6395
March 7.7217 7.1945 7.4749
April 7.8866 7.5542 7.7005
May 7.8880 7.5451 7.7304
June 7.8884 7.4328 7.6423
July 7.5627 7.2453 7.3969
August 7.6572 7.3456 7.5399
September 7.6533 7.3996 7.5560
October 7.7454 7.5522 7.6450
November 8.0148 7.7661 7.9006
December 8.0327 7.7384 7.8243