YEARLY HIGH
58.3929 JMD
YEARLY LOW
54.8483 JMD
YEARLY AVERAGE
56.7789 JMD

2022 XCD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XCD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 58.3929. Conversely, the yearly low was recorded on September 18, dropping to 54.8483.

This high-to-low spread represents a total annual volatility of 3.5446 JMD. From a start-to-finish perspective, comparing the January average rate of 57.3374 to the December average rate of 56.7102, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 58.3929 was up 1.10% compared to the 2021 peak of 57.7593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,964 JMD
2021 Average 278,674 JMD
Yearly Trough Low 274,241 JMD
Transaction Impact: A difference of 17,723.12 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

58.0359
55.8782
JanuMarcMayJulySeptNove

XCD 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 57.1515, compared to 56.4063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7452 points.

H1 Avg (Jan–Jun) 57.1515
H2 Avg (Jul–Dec) 56.4063

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.7312 JMD (High: 56.5795 / Low: 54.8483). On the other end, May was the most stable month, with a tight range of 0.5851 JMD (High: 57.4719 / Low: 56.8869).

September Spread (Volatile) ±1.7312
May Spread (Stable) ±0.5851

Growth Streaks & Declines

Trends

Between March and May, 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 1.0453 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 57.8561) against the same month in 2021 (average: 55.4252), the exchange rate shifted by +2.4309 (+4.39%).

2022 Avg (February) 57.8561
2021 Avg (February) 55.4252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.8551 56.8637 57.3374
February 58.3929 56.9881 57.8561
March 57.5100 56.3118 56.8108
April 57.8147 56.7163 57.1892
May 57.4719 56.8869 57.2276
June 57.1587 55.7007 56.4879
July 56.9000 55.5358 56.1098
August 56.7198 55.6838 56.1685
September 56.5795 54.8483 56.0580
October 57.0679 55.9819 56.5330
November 57.0897 56.2697 56.8582
December 56.9901 56.1366 56.7102