YEARLY HIGH
106.9858 JMD
YEARLY LOW
84.9786 JMD
YEARLY AVERAGE
97.6337 JMD

2022 NZD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 106.9858. Conversely, the yearly low was recorded on October 15, dropping to 84.9786.

This high-to-low spread represents a total annual volatility of 22.0072 JMD. From a start-to-finish perspective, comparing the January average rate of 104.4384 to the December average rate of 97.3920, the exchange rate registered a net change of -6.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 106.9858 was down 5.10% compared to the 2021 peak of 112.7349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 534,929 JMD
2021 Average 532,513 JMD
Yearly Trough Low 424,893 JMD
Transaction Impact: A difference of 110,036.13 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

107.3988
85.0492
JanuMarcMayJulySeptNove

NZD 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 102.4652, compared to 92.8022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.6629 points.

H1 Avg (Jan–Jun) 102.4652
H2 Avg (Jul–Dec) 92.8022

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 8.8359 JMD (High: 97.2195 / Low: 88.3836). On the other end, February was the most stable month, with a tight range of 2.2088 JMD (High: 105.2786 / Low: 103.0698).

November Spread (Volatile) ±8.8359
February Spread (Stable) ±2.2088

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 5.2483 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.2483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 105.5363) against the same month in 2021 (average: 105.1558), the exchange rate shifted by +0.3806 (+0.36%).

2022 Avg (March) 105.5363
2021 Avg (March) 105.1558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.2267 102.2396 104.4384
February 105.2786 103.0698 104.3639
March 106.9858 103.2933 105.5363
April 106.4674 99.8661 104.3366
May 101.1244 96.9864 99.0884
June 101.0657 93.6760 97.0273
July 96.5762 92.4077 94.1046
August 97.9780 91.9557 94.9584
September 93.2968 85.1718 89.9881
October 89.3380 84.9786 86.9117
November 97.2195 88.3836 93.4587
December 99.3559 95.6353 97.3920