YEARLY HIGH
0.1176 JOD
YEARLY LOW
0.1068 JOD
YEARLY AVERAGE
0.1128 JOD

2021 DKK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1176. Conversely, the yearly low was recorded on November 24, dropping to 0.1068.

This high-to-low spread represents a total annual volatility of 0.0108 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1160 to the December average rate of 0.1078, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1176 was up 0.35% compared to the 2020 peak of 0.1172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 588 JOD
2020 Average 543 JOD
Yearly Trough Low 534 JOD
Transaction Impact: A difference of 53.92 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1168
0.1070
JanuMarcMayJulySeptNove

DKK to JOD 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: JanтАУJun) was 0.1149, compared to 0.1107 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0042 points.

H1 Avg (JanтАУJun) 0.1149
H2 Avg (JulтАУDec) 0.1107

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0039 JOD (High: 0.1107 / Low: 0.1068). On the other end, July was the most stable month, with a tight range of 0.0011 JOD (High: 0.1133 / Low: 0.1122).

November Spread (Volatile) ┬▒0.0039
July Spread (Stable) ┬▒0.0011

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 June and July, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1160) against the same month in 2020 (average: 0.1053), the exchange rate shifted by +0.0106 (+10.11%).

2021 Avg (January) 0.1160
2020 Avg (January) 0.1053

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.1176 0.1150 0.1160
February 0.1160 0.1141 0.1153
March 0.1152 0.1118 0.1134
April 0.1157 0.1121 0.1140
May 0.1168 0.1145 0.1158
June 0.1165 0.1130 0.1147
July 0.1133 0.1122 0.1127
August 0.1132 0.1113 0.1122
September 0.1132 0.1103 0.1122
October 0.1113 0.1099 0.1105
November 0.1107 0.1068 0.1087
December 0.1085 0.1071 0.1078