YEARLY HIGH
0.0532 DKK
YEARLY LOW
0.0475 DKK
YEARLY AVERAGE
0.0500 DKK

2019 JMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.0532. Conversely, the yearly low was recorded on December 12, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0056 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0503 to the December average rate of 0.0491, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0532 was up 1.29% compared to the 2018 peak of 0.0525, 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 266 DKK
2018 Average 245 DKK
Yearly Trough Low 238 DKK
Transaction Impact: A difference of 28.17 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0528
0.0478
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 0.0505, compared to 0.0494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0505
H2 Avg (Jul–Dec) 0.0494

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0035 DKK (High: 0.0510 / Low: 0.0475). On the other end, November was the most stable month, with a tight range of 0.0005 DKK (High: 0.0485 / Low: 0.0480).

December Spread (Volatile) ±0.0035
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.0513) against the same month in 2018 (average: 0.0486), the exchange rate shifted by +0.0027 (+5.46%).

2019 Avg (April) 0.0513
2018 Avg (April) 0.0486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0520 0.0489 0.0503
February 0.0508 0.0478 0.0492
March 0.0531 0.0507 0.0524
April 0.0532 0.0499 0.0513
May 0.0501 0.0487 0.0495
June 0.0516 0.0488 0.0504
July 0.0506 0.0491 0.0499
August 0.0502 0.0491 0.0497
September 0.0508 0.0492 0.0499
October 0.0511 0.0484 0.0497
November 0.0485 0.0480 0.0482
December 0.0510 0.0475 0.0491