YEARLY HIGH
0.3094 BBD
YEARLY LOW
0.2799 BBD
YEARLY AVERAGE
0.2974 BBD

2016 DKK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.3094. Conversely, the yearly low was recorded on December 20, dropping to 0.2799.

This high-to-low spread represents a total annual volatility of 0.0295 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2913 to the December average rate of 0.2838, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3094 was down 4.48% compared to the 2015 peak of 0.3239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,547 BBD
2015 Average 1,488 BBD
Yearly Trough Low 1,399 BBD
Transaction Impact: A difference of 147.67 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3068
0.2817
JanuMarcMayJulySeptNove

DKK to BBD 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 0.2997, compared to 0.2950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2997
H2 Avg (Jul–Dec) 0.2950

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0153 BBD (High: 0.2992 / Low: 0.2839). On the other end, September was the most stable month, with a tight range of 0.0033 BBD (High: 0.3027 / Low: 0.2993).

November Spread (Volatile) ±0.0153
September Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.3038) against the same month in 2015 (average: 0.2992), the exchange rate shifted by +0.0046 (+1.53%).

2016 Avg (May) 0.3038
2015 Avg (May) 0.2992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2932 0.2888 0.2913
February 0.3030 0.2915 0.2976
March 0.3051 0.2915 0.2987
April 0.3074 0.3019 0.3047
May 0.3094 0.2988 0.3038
June 0.3064 0.2966 0.3024
July 0.3003 0.2952 0.2976
August 0.3045 0.2981 0.3011
September 0.3027 0.2993 0.3010
October 0.3018 0.2924 0.2966
November 0.2992 0.2839 0.2901
December 0.2891 0.2799 0.2838