2022 SGD to JMD Historical Review

YEARLY HIGH

117.1517 JMD

YEARLY LOW

105.4264 JMD

YEARLY AVERAGE

111.3643 JMD

2022 SGD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 117.1517. Conversely, the yearly low was recorded on September 18, dropping to 105.4264.

This high-to-low spread represents a total annual volatility of 11.7252 JMD. From a start-to-finish perspective, comparing the January average rate of 114.7256 to the December average rate of 113.3439, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 117.1517 was up 0.78% compared to the 2021 peak of 116.2437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 585,758 JMD

2021 Average 560,402 JMD

Yearly Trough Low 527,132 JMD

Transaction Impact: A difference of 58,626.10 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

116.9272

106.3541

JanuMarcMayJulySeptNove

SGD 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 113.1845, compared to 109.5441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6404 points.

H1 Avg (Jan–Jun) 113.1845

H2 Avg (Jul–Dec) 109.5441

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 5.5206 JMD (High: 113.2765 / Low: 107.7559). On the other end, December was the most stable month, with a tight range of 1.5526 JMD (High: 114.3174 / Low: 112.7648).

November Spread (Volatile) ±5.5206

December Spread (Stable) ±1.5526

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.0550 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.0550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 116.0461) against the same month in 2021 (average: 112.8120), the exchange rate shifted by +3.2341 (+2.87%).

2022 Avg (February) 116.0461

2021 Avg (February) 112.8120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	115.9161	113.3022	114.7256
February	117.1517	113.3153	116.0461
March	114.5426	111.9648	112.9911
April	114.9530	111.4530	113.1592
May	112.9685	111.0841	111.9295
June	112.4285	108.0863	110.2557
July	111.3861	107.0633	108.7534
August	111.3720	107.5911	109.6422
September	108.7609	105.4264	107.2352
October	108.5927	105.9646	107.3140
November	113.2765	107.7559	110.9758
December	114.3174	112.7648	113.3439