YEARLY HIGH
17.3368 JMD
YEARLY LOW
13.3614 JMD
YEARLY AVERAGE
15.2349 JMD

2022 SEK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SEK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 17.3368. Conversely, the yearly low was recorded on September 27, dropping to 13.3614.

This high-to-low spread represents a total annual volatility of 3.9754 JMD. From a start-to-finish perspective, comparing the January average rate of 16.9341 to the December average rate of 14.7466, the exchange rate registered a net change of -12.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 17.3368 was down 6.13% compared to the 2021 peak of 18.4697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86,684 JMD
2021 Average 87,771 JMD
Yearly Trough Low 66,807 JMD
Transaction Impact: A difference of 19,877.11 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

17.2549
13.4053
JanuMarcMayJulySeptNove

SEK 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 16.1229, compared to 14.3469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7759 points.

H1 Avg (Jan–Jun) 16.1229
H2 Avg (Jul–Dec) 14.3469

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.2482 JMD (High: 14.6096 / Low: 13.3614). On the other end, October was the most stable month, with a tight range of 0.5643 JMD (High: 14.0304 / Low: 13.4661).

September Spread (Volatile) ±1.2482
October Spread (Stable) ±0.5643

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 February and March, when the average rate fell by 0.7682 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 16.9341) against the same month in 2021 (average: 17.3707), the exchange rate shifted by -0.4366 (-2.51%).

2022 Avg (January) 16.9341
2021 Avg (January) 17.3707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3368 16.5659 16.9341
February 17.1954 16.1366 16.8000
March 16.5950 15.4137 16.0318
April 16.3918 15.6372 16.1759
May 15.8731 15.2924 15.5806
June 15.8920 14.7087 15.2148
July 15.1577 14.2139 14.6336
August 15.1517 14.0836 14.6054
September 14.6096 13.3614 13.9439
October 14.0304 13.4661 13.7261
November 14.8216 13.6906 14.4259
December 15.1030 14.4696 14.7466