YEARLY HIGH
0.0525 DKK
YEARLY LOW
0.0465 DKK
YEARLY AVERAGE
0.0490 DKK

2018 JMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0525. Conversely, the yearly low was recorded on September 20, dropping to 0.0465.

This high-to-low spread represents a total annual volatility of 0.0060 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0491 to the December average rate of 0.0513, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0525 was down 5.35% compared to the 2017 peak of 0.0555, 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 262 DKK
2017 Average 257 DKK
Yearly Trough Low 233 DKK
Transaction Impact: A difference of 29.85 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0524
0.0465
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 0.0488, compared to 0.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0493

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0033 DKK (High: 0.0513 / Low: 0.0480). On the other end, March was the most stable month, with a tight range of 0.0012 DKK (High: 0.0482 / Low: 0.0470).

October Spread (Volatile) ±0.0033
March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0519) against the same month in 2017 (average: 0.0502), the exchange rate shifted by +0.0017 (+3.36%).

2018 Avg (November) 0.0519
2017 Avg (November) 0.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0505 0.0481 0.0491
February 0.0486 0.0473 0.0480
March 0.0482 0.0470 0.0475
April 0.0495 0.0481 0.0486
May 0.0511 0.0497 0.0502
June 0.0503 0.0485 0.0492
July 0.0495 0.0477 0.0487
August 0.0485 0.0466 0.0477
September 0.0477 0.0465 0.0470
October 0.0513 0.0480 0.0492
November 0.0525 0.0510 0.0519
December 0.0520 0.0507 0.0513