2021 JMD to DKK Historical Review

YEARLY HIGH

0.0438 DKK

YEARLY LOW

0.0398 DKK

YEARLY AVERAGE

0.0418 DKK

2021 JMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0438. Conversely, the yearly low was recorded on April 28, dropping to 0.0398.

This high-to-low spread represents a total annual volatility of 0.0040 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0426, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0438 was down 15.46% compared to the 2020 peak of 0.0518, 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 219 DKK

2020 Average 231 DKK

Yearly Trough Low 199 DKK

Transaction Impact: A difference of 19.97 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0429

0.0404

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 0.0416, compared to 0.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0416

H2 Avg (Jul–Dec) 0.0420

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0035 DKK (High: 0.0433 / Low: 0.0398). On the other end, December was the most stable month, with a tight range of 0.0007 DKK (High: 0.0430 / Low: 0.0423).

April Spread (Volatile) ±0.0035

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and October, 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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.0427) against the same month in 2020 (average: 0.0438), the exchange rate shifted by -0.0011 (-2.52%).

2021 Avg (October) 0.0427

2020 Avg (October) 0.0438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0429	0.0419	0.0424
February	0.0421	0.0403	0.0411
March	0.0436	0.0409	0.0424
April	0.0433	0.0398	0.0416
May	0.0410	0.0401	0.0406
June	0.0419	0.0408	0.0413
July	0.0422	0.0404	0.0412
August	0.0416	0.0404	0.0411
September	0.0436	0.0413	0.0423
October	0.0438	0.0412	0.0427
November	0.0425	0.0413	0.0420
December	0.0430	0.0423	0.0426