2016 BHD to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BHD to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BHD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 18.9876. Conversely, the yearly low was recorded on May 2, dropping to 17.1487.
This high-to-low spread represents a total annual volatility of 1.8389 DKK. From a start-to-finish perspective, comparing the January average rate of 18.2206 to the December average rate of 18.7274, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 18.9876 was up 0.65% compared to the 2015 peak of 18.8646, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BHD to DKK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.7057, compared to 17.9942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2885 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.9522 DKK (High: 18.6853 / Low: 17.7331). On the other end, September was the most stable month, with a tight range of 0.1882 DKK (High: 17.7161 / Low: 17.5279).
Growth Streaks & Declines
TrendsBetween August and December, 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 January and February, when the average rate fell by 0.3928 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 18.7274) against the same month in 2015 (average: 18.1608), the exchange rate shifted by +0.5666 (+3.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.3656 | 18.1058 | 18.2206 |
| February | 18.2112 | 17.5078 | 17.8278 |
| March | 18.1998 | 17.3942 | 17.7641 |
| April | 17.5767 | 17.2558 | 17.4120 |
| May | 17.7423 | 17.1487 | 17.4661 |
| June | 17.8773 | 17.3147 | 17.5439 |
| July | 17.9555 | 17.6565 | 17.8163 |
| August | 17.7878 | 17.4206 | 17.6153 |
| September | 17.7161 | 17.5279 | 17.6260 |
| October | 18.1486 | 17.5786 | 17.8851 |
| November | 18.6853 | 17.7331 | 18.2951 |
| December | 18.9876 | 18.3578 | 18.7274 |