YEARLY HIGH
0.9005 JMD
YEARLY LOW
0.6332 JMD
YEARLY AVERAGE
0.7590 JMD

2022 PKR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.9005. Conversely, the yearly low was recorded on September 23, dropping to 0.6332.

This high-to-low spread represents a total annual volatility of 0.2673 JMD. From a start-to-finish perspective, comparing the January average rate of 0.8777 to the December average rate of 0.6805, the exchange rate registered a net change of -22.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9005 was down 10.13% compared to the 2021 peak of 1.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 450,241 JMD
2021 Average 463,037 JMD
Yearly Trough Low 316,609 JMD
Transaction Impact: A difference of 133,632.67 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9135
0.6347
JanuMarcMayJulySeptNove

PKR 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 0.8335, compared to 0.6844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1491 points.

H1 Avg (Jan–Jun) 0.8335
H2 Avg (Jul–Dec) 0.6844

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0942 JMD (High: 0.7358 / Low: 0.6415). On the other end, November was the most stable month, with a tight range of 0.0087 JMD (High: 0.6949 / Low: 0.6861).

July Spread (Volatile) ±0.0942
November Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0517 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.8902) against the same month in 2021 (average: 0.9398), the exchange rate shifted by -0.0496 (-5.28%).

2022 Avg (February) 0.8902
2021 Avg (February) 0.9398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8848 0.8639 0.8777
February 0.9005 0.8738 0.8902
March 0.8724 0.8393 0.8529
April 0.8561 0.8254 0.8366
May 0.8333 0.7635 0.7977
June 0.7798 0.7144 0.7460
July 0.7358 0.6415 0.6981
August 0.7109 0.6409 0.6880
September 0.6923 0.6332 0.6579
October 0.7053 0.6663 0.6912
November 0.6949 0.6861 0.6910
December 0.6881 0.6697 0.6805