YEARLY HIGH
0.1147 JOD
YEARLY LOW
0.0993 JOD
YEARLY AVERAGE
0.1077 JOD

2017 DKK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.1147. Conversely, the yearly low was recorded on January 3, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.0154 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1013 to the December average rate of 0.1128, the exchange rate registered a net change of 11.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1147 was up 4.59% compared to the 2016 peak of 0.1097, 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 574 JOD
2016 Average 527 JOD
Yearly Trough Low 496 JOD
Transaction Impact: A difference of 77.20 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1147
0.1001
JanuMarcMayJulySeptNove

DKK to JOD 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 0.1033, compared to 0.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1033
H2 Avg (Jul–Dec) 0.1122

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0043 JOD (High: 0.1126 / Low: 0.1083). On the other end, February was the most stable month, with a tight range of 0.0022 JOD (High: 0.1027 / Low: 0.1006).

July Spread (Volatile) ±0.0043
February Spread (Stable) ±0.0022

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 0.0015 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1135) against the same month in 2016 (average: 0.1066), the exchange rate shifted by +0.0069 (+6.45%).

2017 Avg (September) 0.1135
2016 Avg (September) 0.1066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1029 0.0993 0.1013
February 0.1027 0.1006 0.1014
March 0.1036 0.1001 0.1020
April 0.1042 0.1009 0.1022
May 0.1073 0.1036 0.1055
June 0.1093 0.1062 0.1072
July 0.1126 0.1083 0.1101
August 0.1141 0.1117 0.1126
September 0.1147 0.1119 0.1135
October 0.1130 0.1106 0.1120
November 0.1137 0.1104 0.1119
December 0.1145 0.1118 0.1128