YEARLY HIGH
0.0583 BHD
YEARLY LOW
0.0527 BHD
YEARLY AVERAGE
0.0561 BHD

2016 DKK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0583. Conversely, the yearly low was recorded on December 20, dropping to 0.0527.

This high-to-low spread represents a total annual volatility of 0.0056 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0534, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0583 was down 4.58% compared to the 2015 peak of 0.0611, 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 292 BHD
2015 Average 281 BHD
Yearly Trough Low 263 BHD
Transaction Impact: A difference of 28.24 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0578
0.0530
JanuMarcMayJulySeptNove

DKK to BHD 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 0.0565, compared to 0.0556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0565
H2 Avg (Jul–Dec) 0.0556

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0029 BHD (High: 0.0564 / Low: 0.0535). On the other end, September was the most stable month, with a tight range of 0.0006 BHD (High: 0.0571 / Low: 0.0564).

November Spread (Volatile) ±0.0029
September Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0573) against the same month in 2015 (average: 0.0564), the exchange rate shifted by +0.0008 (+1.50%).

2016 Avg (May) 0.0573
2015 Avg (May) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0552 0.0544 0.0549
February 0.0571 0.0549 0.0561
March 0.0575 0.0549 0.0563
April 0.0580 0.0569 0.0574
May 0.0583 0.0564 0.0573
June 0.0578 0.0559 0.0570
July 0.0566 0.0557 0.0561
August 0.0574 0.0562 0.0568
September 0.0571 0.0564 0.0567
October 0.0569 0.0551 0.0559
November 0.0564 0.0535 0.0547
December 0.0545 0.0527 0.0534