YEARLY HIGH
2.3555 DKK
YEARLY LOW
1.9666 DKK
YEARLY AVERAGE
2.2307 DKK

2016 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3555. Conversely, the yearly low was recorded on December 5, dropping to 1.9666.

This high-to-low spread represents a total annual volatility of 0.3889 DKK. From a start-to-finish perspective, comparing the January average rate of 2.2884 to the December average rate of 2.0147, the exchange rate registered a net change of -11.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3555 was down 16.77% compared to the 2015 peak of 2.8303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 117,776 DKK
2015 Average 123,958 DKK
Yearly Trough Low 98,330 DKK
Transaction Impact: A difference of 19,446.19 DKK purely based on transaction execution date.

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2.3547
1.9838
JanuMarcMayJulySeptNove

TRY 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 2.2861, compared to 2.1752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1109 points.

H1 Avg (Jan–Jun) 2.2861
H2 Avg (Jul–Dec) 2.1752

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1326 DKK (High: 2.1656 / Low: 2.0330). On the other end, March was the most stable month, with a tight range of 0.0357 DKK (High: 2.3413 / Low: 2.3055).

November Spread (Volatile) Âą0.1326
March Spread (Stable) Âą0.0357

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.2884) against the same month in 2015 (average: 2.7388), the exchange rate shifted by -0.4504 (-16.45%).

2016 Avg (January) 2.2884
2015 Avg (January) 2.7388

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Month High Low Average
January 2.3555 2.2426 2.2884
February 2.3262 2.2515 2.2823
March 2.3413 2.3055 2.3238
April 2.3357 2.2885 2.3149
May 2.3233 2.2080 2.2380
June 2.3244 2.2477 2.2692
July 2.3285 2.1974 2.2639
August 2.2603 2.2152 2.2436
September 2.2644 2.2107 2.2393
October 2.2237 2.1756 2.1951
November 2.1656 2.0330 2.0948
December 2.0336 1.9666 2.0147