2016 DKK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 DKK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the DKK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 255.2673. Conversely, the yearly low was recorded on January 24, dropping to 224.6685.
This high-to-low spread represents a total annual volatility of 30.5988 BIF. From a start-to-finish perspective, comparing the January average rate of 227.4120 to the December average rate of 237.4197, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 255.2673 was up 0.86% compared to the 2015 peak of 253.0892, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
DKK to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 234.8150, compared to 245.7491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9341 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 22.1882 BIF (High: 255.2673 / Low: 233.0792). On the other end, September was the most stable month, with a tight range of 3.3897 BIF (High: 251.8003 / Low: 248.4106).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.0953 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 242.6787) against the same month in 2015 (average: 235.4477), the exchange rate shifted by +7.2310 (+3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 229.3008 | 224.6685 | 227.4120 |
| February | 235.1512 | 228.1169 | 232.1088 |
| March | 238.5510 | 228.7009 | 233.1407 |
| April | 239.6146 | 233.7161 | 236.7202 |
| May | 241.2912 | 232.7836 | 236.8295 |
| June | 255.2673 | 233.0792 | 242.6787 |
| July | 249.4530 | 244.4444 | 246.6195 |
| August | 253.5225 | 247.5422 | 250.2324 |
| September | 251.8003 | 248.4106 | 250.4768 |
| October | 251.4747 | 243.9684 | 247.2314 |
| November | 250.1127 | 237.3816 | 242.5149 |
| December | 242.6710 | 233.4070 | 237.4197 |