YEARLY HIGH
9.6590 DKK
YEARLY LOW
9.1067 DKK
YEARLY AVERAGE
9.4066 DKK

2019 JOD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 9.6590. Conversely, the yearly low was recorded on January 9, dropping to 9.1067.

This high-to-low spread represents a total annual volatility of 0.5523 DKK. From a start-to-finish perspective, comparing the January average rate of 9.2131 to the December average rate of 9.4827, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.6590 was up 3.12% compared to the 2018 peak of 9.3670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48,295 DKK
2018 Average 44,518 DKK
Yearly Trough Low 45,533 DKK
Transaction Impact: A difference of 2,761.64 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.6007
9.1778
JanuMarcMayJulySeptNove

JOD 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 9.3184, compared to 9.4948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1764 points.

H1 Avg (Jan–Jun) 9.3184
H2 Avg (Jul–Dec) 9.4948

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2040 DKK (High: 9.5678 / Low: 9.3638). On the other end, May was the most stable month, with a tight range of 0.0918 DKK (High: 9.4638 / Low: 9.3720).

August Spread (Volatile) ±0.2040
May Spread (Stable) ±0.0918

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0900 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 9.5655) against the same month in 2018 (average: 9.0209), the exchange rate shifted by +0.5446 (+6.04%).

2019 Avg (September) 9.5655
2018 Avg (September) 9.0209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3020 9.1067 9.2131
February 9.3356 9.1912 9.2685
March 9.3914 9.2099 9.3157
April 9.4568 9.3094 9.3761
May 9.4638 9.3720 9.4135
June 9.4306 9.2378 9.3234
July 9.5133 9.3240 9.3918
August 9.5678 9.3638 9.4633
September 9.6590 9.5034 9.5655
October 9.6309 9.4410 9.5289
November 9.5759 9.4442 9.5365
December 9.5581 9.3980 9.4827