YEARLY HIGH
19.3226 JMD
YEARLY LOW
17.3532 JMD
YEARLY AVERAGE
18.5941 JMD

2016 DKK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 19.3226. Conversely, the yearly low was recorded on January 5, dropping to 17.3532.

This high-to-low spread represents a total annual volatility of 1.9694 JMD. From a start-to-finish perspective, comparing the January average rate of 17.5415 to the December average rate of 18.2657, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 19.3226 was up 3.89% compared to the 2015 peak of 18.5995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,613 JMD
2015 Average 86,900 JMD
Yearly Trough Low 86,766 JMD
Transaction Impact: A difference of 9,846.92 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.3346
17.3785
JanuMarcMayJulySeptNove

DKK 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 18.3391, compared to 18.8490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5099 points.

H1 Avg (Jan–Jun) 18.3391
H2 Avg (Jul–Dec) 18.8490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.0042 JMD (High: 19.3226 / Low: 18.3184). On the other end, September was the most stable month, with a tight range of 0.2047 JMD (High: 19.2415 / Low: 19.0369).

November Spread (Volatile) ±1.0042
September Spread (Stable) ±0.2047

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4657 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 18.7313) against the same month in 2015 (average: 17.1680), the exchange rate shifted by +1.5634 (+9.11%).

2016 Avg (November) 18.7313
2015 Avg (November) 17.1680

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6846 17.3532 17.5415
February 18.3253 17.6427 18.0362
March 18.5513 17.6811 18.1472
April 18.9016 18.4531 18.5823
May 19.0021 18.6403 18.7839
June 19.2011 18.5783 18.9435
July 19.0165 18.6636 18.8170
August 19.3102 18.8741 19.0848
September 19.2415 19.0369 19.1716
October 19.2793 18.7924 19.0238
November 19.3226 18.3184 18.7313
December 18.5913 17.9800 18.2657