YEARLY HIGH
21.0381 JMD
YEARLY LOW
18.0303 JMD
YEARLY AVERAGE
19.4856 JMD

2017 DKK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 21.0381. Conversely, the yearly low was recorded on January 3, dropping to 18.0303.

This high-to-low spread represents a total annual volatility of 3.0078 JMD. From a start-to-finish perspective, comparing the January average rate of 18.4192 to the December average rate of 19.9058, the exchange rate registered a net change of 8.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.0381 was up 8.88% compared to the 2016 peak of 19.3226, 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 105,190 JMD
2016 Average 92,971 JMD
Yearly Trough Low 90,152 JMD
Transaction Impact: A difference of 15,038.85 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.0341
18.1815
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 18.8007, compared to 20.1705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3697 points.

H1 Avg (Jan–Jun) 18.8007
H2 Avg (Jul–Dec) 20.1705

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.9388 JMD (High: 20.7850 / Low: 19.8462). On the other end, December was the most stable month, with a tight range of 0.3037 JMD (High: 20.0744 / Low: 19.7707).

October Spread (Volatile) ±0.9388
December Spread (Stable) ±0.3037

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5740 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 20.7964) against the same month in 2016 (average: 19.1716), the exchange rate shifted by +1.6248 (+8.48%).

2017 Avg (September) 20.7964
2016 Avg (September) 19.1716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6461 18.0303 18.4192
February 18.7143 18.2555 18.4263
March 18.8222 18.2371 18.5128
April 19.0226 18.3610 18.6011
May 19.6385 18.9024 19.2428
June 19.8966 19.4585 19.6021
July 20.1465 19.5966 19.8766
August 20.7068 20.1007 20.2974
September 21.0381 20.4773 20.7964
October 20.7850 19.8462 20.2223
November 20.2056 19.6925 19.9242
December 20.0744 19.7707 19.9058