2022 NPR to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NPR to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NPR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 1.3122. Conversely, the yearly low was recorded on December 31, dropping to 1.1482.
This high-to-low spread represents a total annual volatility of 0.1640 JMD. From a start-to-finish perspective, comparing the January average rate of 1.3015 to the December average rate of 1.1618, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.3122 was up 0.01% compared to the 2021 peak of 1.3121, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NPR 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 1.2677, compared to 1.1775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.0498 JMD (High: 1.2417 / Low: 1.1919). On the other end, April was the most stable month, with a tight range of 0.0108 JMD (High: 1.2723 / Low: 1.2614).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0449 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 1.3042) against the same month in 2021 (average: 1.2882), the exchange rate shifted by +0.0160 (+1.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3105 | 1.2925 | 1.3015 |
| February | 1.3122 | 1.2841 | 1.3042 |
| March | 1.2797 | 1.2495 | 1.2593 |
| April | 1.2723 | 1.2614 | 1.2674 |
| May | 1.2668 | 1.2382 | 1.2516 |
| June | 1.2417 | 1.1919 | 1.2223 |
| July | 1.2113 | 1.1847 | 1.1925 |
| August | 1.2161 | 1.1773 | 1.1923 |
| September | 1.2074 | 1.1579 | 1.1820 |
| October | 1.1691 | 1.1498 | 1.1601 |
| November | 1.1894 | 1.1572 | 1.1765 |
| December | 1.1836 | 1.1482 | 1.1618 |