YEARLY HIGH
1.0367 DKK
YEARLY LOW
0.9346 DKK
YEARLY AVERAGE
0.9755 DKK

2016 BOB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0367. Conversely, the yearly low was recorded on May 2, dropping to 0.9346.

This high-to-low spread represents a total annual volatility of 0.1020 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9941 to the December average rate of 1.0197, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0367 was up 0.73% compared to the 2015 peak of 1.0292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,183 DKK
2015 Average 4,869 DKK
Yearly Trough Low 4,673 DKK
Transaction Impact: A difference of 510.05 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0262
0.9480
JanuMarcMayJulySeptNove

BOB 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 0.9697, compared to 0.9813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.9697
H2 Avg (Jul–Dec) 0.9813

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0517 DKK (High: 1.0188 / Low: 0.9671). On the other end, September was the most stable month, with a tight range of 0.0115 DKK (High: 0.9666 / Low: 0.9551).

November Spread (Volatile) ±0.0517
September Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0249 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.0197) against the same month in 2015 (average: 0.9921), the exchange rate shifted by +0.0276 (+2.78%).

2016 Avg (December) 1.0197
2015 Avg (December) 0.9921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0017 0.9890 0.9941
February 0.9988 0.9561 0.9751
March 0.9998 0.9612 0.9794
April 0.9633 0.9410 0.9545
May 0.9718 0.9346 0.9547
June 0.9796 0.9483 0.9604
July 0.9798 0.9632 0.9751
August 0.9694 0.9492 0.9602
September 0.9666 0.9551 0.9607
October 0.9890 0.9598 0.9752
November 1.0188 0.9671 0.9972
December 1.0367 1.0026 1.0197