2022 MZN to JMD Historical Review

YEARLY HIGH

2.4719 JMD

YEARLY LOW

2.3197 JMD

YEARLY AVERAGE

2.4027 JMD

2022 MZN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 2.4719. Conversely, the yearly low was recorded on September 18, dropping to 2.3197.

This high-to-low spread represents a total annual volatility of 0.1522 JMD. From a start-to-finish perspective, comparing the January average rate of 2.4271 to the December average rate of 2.3991, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4719 was down 9.26% compared to the 2021 peak of 2.7241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,359 JMD

2021 Average 11,576 JMD

Yearly Trough Low 11,599 JMD

Transaction Impact: A difference of 760.79 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4570

2.3635

JanuMarcMayJulySeptNove

MZN 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 2.4189, compared to 2.3866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0324 points.

H1 Avg (Jan–Jun) 2.4189

H2 Avg (Jul–Dec) 2.3866

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0732 JMD (High: 2.3929 / Low: 2.3197). On the other end, May was the most stable month, with a tight range of 0.0269 JMD (High: 2.4326 / Low: 2.4057).

September Spread (Volatile) ±0.0732

May Spread (Stable) ±0.0269

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 February and March, when the average rate fell by 0.0444 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 2.4492) against the same month in 2021 (average: 1.9929), the exchange rate shifted by +0.4563 (+22.90%).

2022 Avg (February) 2.4492

2021 Avg (February) 1.9929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4497	2.4068	2.4271
February	2.4719	2.4129	2.4492
March	2.4345	2.3839	2.4048
April	2.4471	2.3997	2.4206
May	2.4326	2.4057	2.4223
June	2.4174	2.3567	2.3897
July	2.4074	2.3505	2.3748
August	2.4004	2.3551	2.3766
September	2.3929	2.3197	2.3713
October	2.4136	2.3695	2.3916
November	2.4164	2.3808	2.4060
December	2.4115	2.3761	2.3991