YEARLY HIGH
255.2673 BIF
YEARLY LOW
224.6685 BIF
YEARLY AVERAGE
240.2821 BIF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,276,337 BIF
2015 Average 1,165,579 BIF
Yearly Trough Low 1,123,343 BIF
Transaction Impact: A difference of 152,994.00 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

252.7833
225.1055
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 234.8150
H2 Avg (Jul–Dec) 245.7491

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±22.1882
September Spread (Stable) ±3.3897

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 8 Mo.
Sharpest MoM Drop -5.0953

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 242.6787
2015 Avg (June) 235.4477

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