YEARLY HIGH
10.9312 DKK
YEARLY LOW
9.1616 DKK
YEARLY AVERAGE
9.9755 DKK

2022 JOD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 10.9312. Conversely, the yearly low was recorded on January 13, dropping to 9.1616.

This high-to-low spread represents a total annual volatility of 1.7696 DKK. From a start-to-finish perspective, comparing the January average rate of 9.2707 to the December average rate of 9.9018, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.9312 was up 16.76% compared to the 2021 peak of 9.3625, 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 54,656 DKK
2021 Average 44,361 DKK
Yearly Trough Low 45,808 DKK
Transaction Impact: A difference of 8,847.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.8090
9.1127
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 9.6023, compared to 10.3486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7463 points.

H1 Avg (Jan–Jun) 9.6023
H2 Avg (Jul–Dec) 10.3486

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.7052 DKK (High: 10.7654 / Low: 10.0602). On the other end, February was the most stable month, with a tight range of 0.2204 DKK (High: 9.3870 / Low: 9.1666).

November Spread (Volatile) ±0.7052
February Spread (Stable) ±0.2204

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4010 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.4010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 10.5893) against the same month in 2021 (average: 8.9113), the exchange rate shifted by +1.6779 (+18.83%).

2022 Avg (September) 10.5893
2021 Avg (September) 8.9113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.4200 9.1616 9.2707
February 9.3870 9.1666 9.2541
March 9.6605 9.3986 9.5357
April 9.9934 9.4937 9.7016
May 10.1119 9.7402 9.9234
June 10.0749 9.7588 9.9284
July 10.4697 10.0561 10.2957
August 10.5571 10.1664 10.3709
September 10.9312 10.3545 10.5893
October 10.8155 10.3941 10.6676
November 10.7654 10.0602 10.2666
December 10.0176 9.7947 9.9018