YEARLY HIGH
0.1079 DKK
YEARLY LOW
0.0944 DKK
YEARLY AVERAGE
0.0993 DKK

2016 AFN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1079. Conversely, the yearly low was recorded on June 8, dropping to 0.0944.

This high-to-low spread represents a total annual volatility of 0.0135 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1001 to the December average rate of 0.1062, the exchange rate registered a net change of 6.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1079 was down 12.27% compared to the 2015 peak of 0.1230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 539 DKK
2015 Average 550 DKK
Yearly Trough Low 472 DKK
Transaction Impact: A difference of 67.63 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1073
0.0947
JanuMarcMayJulySeptNove

AFN 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 0.0972, compared to 0.1015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0972
H2 Avg (Jul–Dec) 0.1015

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0056 DKK (High: 0.1022 / Low: 0.0966). On the other end, January was the most stable month, with a tight range of 0.0017 DKK (High: 0.1010 / Low: 0.0993).

August Spread (Volatile) ±0.0056
January Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0025 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1062) against the same month in 2015 (average: 0.1014), the exchange rate shifted by +0.0048 (+4.71%).

2016 Avg (December) 0.1062
2015 Avg (December) 0.1014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1010 0.0993 0.1001
February 0.0999 0.0958 0.0976
March 0.1000 0.0955 0.0978
April 0.0969 0.0951 0.0959
May 0.0972 0.0945 0.0959
June 0.0981 0.0944 0.0957
July 0.0985 0.0968 0.0979
August 0.1022 0.0966 0.0987
September 0.1010 0.0985 0.0997
October 0.1037 0.1006 0.1024
November 0.1057 0.1015 0.1040
December 0.1079 0.1038 0.1062