YEARLY HIGH
21.0366 JMD
YEARLY LOW
18.8077 JMD
YEARLY AVERAGE
20.0229 JMD

2019 DKK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 21.0366. Conversely, the yearly low was recorded on April 1, dropping to 18.8077.

This high-to-low spread represents a total annual volatility of 2.2289 JMD. From a start-to-finish perspective, comparing the January average rate of 19.8893 to the December average rate of 20.3696, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.0366 was down 2.13% compared to the 2018 peak of 21.4946, 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 105,183 JMD
2018 Average 102,066 JMD
Yearly Trough Low 94,038 JMD
Transaction Impact: A difference of 11,144.74 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.9053
18.9382
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 19.8084, compared to 20.2373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4289 points.

H1 Avg (Jan–Jun) 19.8084
H2 Avg (Jul–Dec) 20.2373

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.4387 JMD (High: 21.0366 / Low: 19.5979). On the other end, November was the most stable month, with a tight range of 0.2311 JMD (High: 20.8375 / Low: 20.6064).

December Spread (Volatile) ±1.4387
November Spread (Stable) ±0.2311

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 1.2243 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 20.3696) against the same month in 2018 (average: 19.4827), the exchange rate shifted by +0.8869 (+4.55%).

2019 Avg (December) 20.3696
2018 Avg (December) 19.4827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4695 19.2198 19.8893
February 20.9136 19.6937 20.3265
March 19.7100 18.8175 19.1021
April 20.0572 18.8077 19.5007
May 20.5494 19.9505 20.1993
June 20.4930 19.3932 19.8328
July 20.3468 19.7784 20.0509
August 20.3662 19.9347 20.1267
September 20.3184 19.6697 20.0221
October 20.6459 19.5854 20.1133
November 20.8375 20.6064 20.7414
December 21.0366 19.5979 20.3696