YEARLY HIGH
0.0576 DKK
YEARLY LOW
0.0518 DKK
YEARLY AVERAGE
0.0538 DKK

2016 JMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0576. Conversely, the yearly low was recorded on November 4, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0059 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0570 to the December average rate of 0.0548, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0576 was down 6.49% compared to the 2015 peak of 0.0616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 288 DKK
2015 Average 288 DKK
Yearly Trough Low 259 DKK
Transaction Impact: A difference of 29.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0575
0.0517
JanuMarcMayJulySeptNove

JMD to DKK 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 0.0546, compared to 0.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0546
H2 Avg (Jul–Dec) 0.0531

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0028 DKK (High: 0.0546 / Low: 0.0518). On the other end, September was the most stable month, with a tight range of 0.0006 DKK (High: 0.0525 / Low: 0.0520).

November Spread (Volatile) ±0.0028
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0570) against the same month in 2015 (average: 0.0557), the exchange rate shifted by +0.0013 (+2.37%).

2016 Avg (January) 0.0570
2015 Avg (January) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0576 0.0565 0.0570
February 0.0567 0.0546 0.0555
March 0.0566 0.0539 0.0551
April 0.0542 0.0529 0.0538
May 0.0536 0.0526 0.0532
June 0.0538 0.0521 0.0528
July 0.0536 0.0526 0.0531
August 0.0530 0.0518 0.0524
September 0.0525 0.0520 0.0522
October 0.0532 0.0519 0.0526
November 0.0546 0.0518 0.0534
December 0.0556 0.0538 0.0548