YEARLY HIGH
1.0309 DKK
YEARLY LOW
0.8838 DKK
YEARLY AVERAGE
0.9510 DKK

2017 BOB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0309. Conversely, the yearly low was recorded on September 8, dropping to 0.8838.

This high-to-low spread represents a total annual volatility of 0.1471 DKK. From a start-to-finish perspective, comparing the January average rate of 1.0108 to the December average rate of 0.9093, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0309 was down 0.55% compared to the 2016 peak of 1.0367, 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 5,155 DKK
2016 Average 4,878 DKK
Yearly Trough Low 4,419 DKK
Transaction Impact: A difference of 735.54 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0225
0.8829
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 0.9914, compared to 0.9107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0807 points.

H1 Avg (Jan–Jun) 0.9914
H2 Avg (Jul–Dec) 0.9107

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0354 DKK (High: 0.9454 / Low: 0.9101). On the other end, December was the most stable month, with a tight range of 0.0221 DKK (High: 0.9179 / Low: 0.8958).

July Spread (Volatile) ±0.0354
December Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0321 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0108) against the same month in 2016 (average: 0.9941), the exchange rate shifted by +0.0167 (+1.68%).

2017 Avg (January) 1.0108
2016 Avg (January) 0.9941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0309 0.9974 1.0108
February 1.0220 0.9932 1.0097
March 1.0194 0.9883 1.0042
April 1.0128 0.9775 1.0008
May 0.9850 0.9531 0.9687
June 0.9606 0.9377 0.9542
July 0.9454 0.9101 0.9275
August 0.9153 0.8860 0.9040
September 0.9118 0.8838 0.8945
October 0.9248 0.8994 0.9159
November 0.9279 0.8948 0.9128
December 0.9179 0.8958 0.9093