2021 DKK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 DKK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the DKK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 25.1265. Conversely, the yearly low was recorded on October 3, dropping to 22.8352.
This high-to-low spread represents a total annual volatility of 2.2914 JMD. From a start-to-finish perspective, comparing the January average rate of 23.5881 to the December average rate of 23.4704, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 25.1265 was up 4.72% compared to the 2020 peak of 23.9942, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.0690, compared to 23.8411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2279 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 2.0502 JMD (High: 25.1265 / Low: 23.0763). On the other end, December was the most stable month, with a tight range of 0.3879 JMD (High: 23.6605 / Low: 23.2727).
Growth Streaks & Declines
TrendsBetween 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 0.7746 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 24.0564) against the same month in 2020 (average: 20.0330), the exchange rate shifted by +4.0234 (+20.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.8841 | 23.3108 | 23.5881 |
| February | 24.7835 | 23.7437 | 24.3602 |
| March | 24.4648 | 22.9241 | 23.5856 |
| April | 25.1265 | 23.0763 | 24.0564 |
| May | 24.9394 | 24.3943 | 24.6165 |
| June | 24.5244 | 23.8909 | 24.2072 |
| July | 24.7830 | 23.7085 | 24.3017 |
| August | 24.7383 | 24.0312 | 24.3556 |
| September | 24.1902 | 22.9566 | 23.6479 |
| October | 24.2530 | 22.8352 | 23.4315 |
| November | 24.1957 | 23.5157 | 23.8396 |
| December | 23.6605 | 23.2727 | 23.4704 |