YEARLY HIGH
10.6595 JMD
YEARLY LOW
8.3123 JMD
YEARLY AVERAGE
9.4253 JMD

2022 SZL to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SZL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 10.6595. Conversely, the yearly low was recorded on October 23, dropping to 8.3123.

This high-to-low spread represents a total annual volatility of 2.3473 JMD. From a start-to-finish perspective, comparing the January average rate of 10.0162 to the December average rate of 8.8797, the exchange rate registered a net change of -11.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.6595 was down 3.30% compared to the 2021 peak of 11.0231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,298 JMD
2021 Average 51,033 JMD
Yearly Trough Low 41,561 JMD
Transaction Impact: A difference of 11,736.32 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.5024
8.2409
JanuMarcMayJulySeptNove

SZL 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 10.0397, compared to 8.8109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2288 points.

H1 Avg (Jan–Jun) 10.0397
H2 Avg (Jul–Dec) 8.8109

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.9745 JMD (High: 10.6595 / Low: 9.6850). On the other end, October was the most stable month, with a tight range of 0.2810 JMD (High: 8.5933 / Low: 8.3123).

April Spread (Volatile) ±0.9745
October Spread (Stable) ±0.2810

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 June and July, when the average rate fell by 0.6411 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 10.3140) against the same month in 2021 (average: 10.3569), the exchange rate shifted by -0.0430 (-0.41%).

2022 Avg (April) 10.3140
2021 Avg (April) 10.3569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2991 9.6322 10.0162
February 10.4684 10.0684 10.2708
March 10.5799 9.9481 10.2335
April 10.6595 9.6850 10.3140
May 9.9725 9.5426 9.7290
June 10.0303 9.2470 9.6750
July 9.4680 8.8301 9.0338
August 9.3760 8.8230 9.0852
September 8.9276 8.4087 8.6456
October 8.5933 8.3123 8.4294
November 9.0876 8.3454 8.7918
December 9.0668 8.7115 8.8797