2022 TOP to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 69.7562. Conversely, the yearly low was recorded on October 23, dropping to 61.8959.
This high-to-low spread represents a total annual volatility of 7.8603 JMD. From a start-to-finish perspective, comparing the January average rate of 68.0964 to the December average rate of 65.3143, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 69.7562 was up 0.79% compared to the 2021 peak of 69.2125, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TOP to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.5341, compared to 64.2416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2925 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 2.8633 JMD (High: 67.0575 / Low: 64.1942). On the other end, May was the most stable month, with a tight range of 1.0832 JMD (High: 67.1686 / Low: 66.0853).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 1.5061 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 68.9658) against the same month in 2021 (average: 65.2608), the exchange rate shifted by +3.7050 (+5.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.7612 | 67.2680 | 68.0964 |
| February | 69.7562 | 67.7618 | 68.9658 |
| March | 68.3383 | 67.0555 | 67.8113 |
| April | 68.9562 | 66.8987 | 68.1021 |
| May | 67.1686 | 66.0853 | 66.5960 |
| June | 67.0575 | 64.1942 | 65.6328 |
| July | 65.8038 | 63.7757 | 64.5070 |
| August | 65.6734 | 63.8250 | 64.9211 |
| September | 64.5040 | 62.3335 | 63.5563 |
| October | 63.4512 | 61.8959 | 62.7369 |
| November | 65.3865 | 62.5943 | 64.4140 |
| December | 65.9562 | 64.5313 | 65.3143 |