2024 DKK to JOD Historical Review

YEARLY HIGH

0.1064 JOD

YEARLY LOW

0.0984 JOD

YEARLY AVERAGE

0.1028 JOD

2024 DKK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1064. Conversely, the yearly low was recorded on December 18, dropping to 0.0984.

This high-to-low spread represents a total annual volatility of 0.0079 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1038 to the December average rate of 0.0996, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1064 was down 0.61% compared to the 2023 peak of 0.1070, 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 532 JOD

2023 Average 515 JOD

Yearly Trough Low 492 JOD

Transaction Impact: A difference of 39.70 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1061

0.0990

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 0.1028, compared to 0.1029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1028

H2 Avg (Jul–Dec) 0.1029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0049 JOD (High: 0.1040 / Low: 0.0991). On the other end, March was the most stable month, with a tight range of 0.0016 JOD (High: 0.1041 / Low: 0.1026).

November Spread (Volatile) ±0.0049

March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1055) against the same month in 2023 (average: 0.1015), the exchange rate shifted by +0.0041 (+4.02%).

2024 Avg (September) 0.1055

2023 Avg (September) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1050	0.1028	0.1038
February	0.1035	0.1019	0.1027
March	0.1041	0.1026	0.1033
April	0.1032	0.1009	0.1019
May	0.1035	0.1018	0.1027
June	0.1037	0.1015	0.1022
July	0.1039	0.1020	0.1031
August	0.1063	0.1024	0.1047
September	0.1064	0.1046	0.1055
October	0.1051	0.1025	0.1035
November	0.1040	0.0991	0.1010
December	0.1007	0.0984	0.0996