2022 TRY to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TRY to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TRY to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 11.7884. Conversely, the yearly low was recorded on September 18, dropping to 8.1151.
This high-to-low spread represents a total annual volatility of 3.6732 JMD. From a start-to-finish perspective, comparing the January average rate of 11.4541 to the December average rate of 8.2166, the exchange rate registered a net change of -28.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.7884 was down 45.55% compared to the 2021 peak of 21.6489, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TRY 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 10.4742, compared to 8.3484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1258 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 1.1006 JMD (High: 10.4753 / Low: 9.3747). On the other end, November was the most stable month, with a tight range of 0.1332 JMD (High: 8.3067 / Low: 8.1735).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9529 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 11.4541) against the same month in 2021 (average: 19.4840), the exchange rate shifted by -8.0298 (-41.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7884 | 11.0762 | 11.4541 |
| February | 11.6722 | 10.9443 | 11.4606 |
| March | 11.1535 | 10.2666 | 10.5077 |
| April | 10.6739 | 10.4109 | 10.5047 |
| May | 10.4753 | 9.3747 | 9.9170 |
| June | 9.3912 | 8.7269 | 9.0008 |
| July | 8.9867 | 8.5326 | 8.6929 |
| August | 8.5576 | 8.2695 | 8.4210 |
| September | 8.3519 | 8.1151 | 8.2753 |
| October | 8.2987 | 8.1356 | 8.2224 |
| November | 8.3067 | 8.1735 | 8.2620 |
| December | 8.2686 | 8.1191 | 8.2166 |