YEARLY HIGH
43.3424 JMD
YEARLY LOW
40.7114 JMD
YEARLY AVERAGE
42.1135 JMD

2022 QAR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 43.3424. Conversely, the yearly low was recorded on September 18, dropping to 40.7114.

This high-to-low spread represents a total annual volatility of 2.6310 JMD. From a start-to-finish perspective, comparing the January average rate of 42.5596 to the December average rate of 42.0377, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 43.3424 was up 1.10% compared to the 2021 peak of 42.8721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216,712 JMD
2021 Average 206,668 JMD
Yearly Trough Low 203,557 JMD
Transaction Impact: A difference of 13,155.07 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

43.0822
41.3271
JanuMarcMayJulySeptNove

QAR 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 42.4058, compared to 41.8213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5845 points.

H1 Avg (Jan–Jun) 42.4058
H2 Avg (Jul–Dec) 41.8213

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.3687 JMD (High: 42.4263 / Low: 41.0577). On the other end, November was the most stable month, with a tight range of 0.5128 JMD (High: 42.3751 / Low: 41.8623).

June Spread (Volatile) ±1.3687
November Spread (Stable) ±0.5128

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 0.7735 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 42.9359) against the same month in 2021 (average: 41.1395), the exchange rate shifted by +1.7964 (+4.37%).

2022 Avg (February) 42.9359
2021 Avg (February) 41.1395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.9432 42.2073 42.5596
February 43.3424 42.3112 42.9359
March 42.6871 41.7977 42.1624
April 42.9132 42.0980 42.4420
May 42.6617 42.1407 42.4672
June 42.4263 41.0577 41.8676
July 42.2343 41.1103 41.4734
August 42.1006 41.3315 41.6815
September 41.9964 40.7114 41.6052
October 42.2748 41.6083 41.9406
November 42.3751 41.8623 42.1893
December 42.3041 41.6705 42.0377