YEARLY HIGH
21.4946 JMD
YEARLY LOW
19.0502 JMD
YEARLY AVERAGE
20.4162 JMD

2018 DKK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 21.4946. Conversely, the yearly low was recorded on November 20, dropping to 19.0502.

This high-to-low spread represents a total annual volatility of 2.4444 JMD. From a start-to-finish perspective, comparing the January average rate of 20.3520 to the December average rate of 19.4827, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.4946 was up 2.17% compared to the 2017 peak of 21.0381, 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 107,473 JMD
2017 Average 97,458 JMD
Yearly Trough Low 95,251 JMD
Transaction Impact: A difference of 12,221.87 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.4801
19.0760
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 20.5120, compared to 20.3204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1916 points.

H1 Avg (Jan–Jun) 20.5120
H2 Avg (Jul–Dec) 20.3204

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.3417 JMD (High: 20.8332 / Low: 19.4915). On the other end, December was the most stable month, with a tight range of 0.5107 JMD (High: 19.7321 / Low: 19.2214).

October Spread (Volatile) ±1.3417
December Spread (Stable) ±0.5107

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0780 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 21.2798) against the same month in 2017 (average: 20.7964), the exchange rate shifted by +0.4834 (+2.32%).

2018 Avg (September) 21.2798
2017 Avg (September) 20.7964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7836 19.8188 20.3520
February 21.1201 20.5933 20.8449
March 21.2815 20.7609 21.0631
April 20.8011 20.2163 20.5600
May 20.1149 19.5508 19.9264
June 20.6310 19.8983 20.3256
July 20.9502 20.2124 20.5461
August 21.4790 20.6301 20.9829
September 21.4946 20.9429 21.2798
October 20.8332 19.4915 20.3544
November 19.5994 19.0502 19.2763
December 19.7321 19.2214 19.4827