YEARLY HIGH
0.1192 JOD
YEARLY LOW
0.1068 JOD
YEARLY AVERAGE
0.1125 JOD

2018 DKK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1192. Conversely, the yearly low was recorded on November 12, dropping to 0.1068.

This high-to-low spread represents a total annual volatility of 0.0125 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1163 to the December average rate of 0.1082, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1192 was up 3.94% compared to the 2017 peak of 0.1147, 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 596 JOD
2017 Average 539 JOD
Yearly Trough Low 534 JOD
Transaction Impact: A difference of 62.41 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1186
0.1071
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 0.1153, compared to 0.1096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1153
H2 Avg (Jul–Dec) 0.1096

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0047 JOD (High: 0.1185 / Low: 0.1137). On the other end, July was the most stable month, with a tight range of 0.0010 JOD (High: 0.1119 / Low: 0.1109).

January Spread (Volatile) ±0.0047
July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0043 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1176) against the same month in 2017 (average: 0.1014), the exchange rate shifted by +0.0162 (+16.00%).

2018 Avg (February) 0.1176
2017 Avg (February) 0.1014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1185 0.1137 0.1163
February 0.1192 0.1161 0.1176
March 0.1188 0.1166 0.1174
April 0.1181 0.1151 0.1169
May 0.1142 0.1100 0.1126
June 0.1124 0.1101 0.1112
July 0.1119 0.1109 0.1113
August 0.1114 0.1079 0.1098
September 0.1120 0.1099 0.1109
October 0.1102 0.1076 0.1093
November 0.1089 0.1068 0.1081
December 0.1090 0.1075 0.1082