YEARLY HIGH
283.4203 BIF
YEARLY LOW
234.2624 BIF
YEARLY AVERAGE
261.8172 BIF

2017 DKK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 283.4203. Conversely, the yearly low was recorded on January 3, dropping to 234.2624.

This high-to-low spread represents a total annual volatility of 49.1579 BIF. From a start-to-finish perspective, comparing the January average rate of 240.2209 to the December average rate of 279.7959, the exchange rate registered a net change of 16.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 283.4203 was up 11.03% compared to the 2016 peak of 255.2673, 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 1,417,101 BIF
2016 Average 1,201,480 BIF
Yearly Trough Low 1,171,312 BIF
Transaction Impact: A difference of 245,789.63 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

283.7534
236.2634
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 247.4437, compared to 276.1907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.7471 points.

H1 Avg (Jan–Jun) 247.4437
H2 Avg (Jul–Dec) 276.1907

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 13.2213 BIF (High: 274.1287 / Low: 260.9074). On the other end, October was the most stable month, with a tight range of 5.4582 BIF (High: 279.1253 / Low: 273.6671).

July Spread (Volatile) ±13.2213
October Spread (Stable) ±5.4582

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 September and October, when the average rate fell by 2.6732 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -2.6732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 279.7959) against the same month in 2016 (average: 237.4197), the exchange rate shifted by +42.3762 (+17.85%).

2017 Avg (December) 279.7959
2016 Avg (December) 237.4197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 245.2741 234.2624 240.2209
February 246.1200 240.0554 242.3212
March 249.9373 239.4101 243.9824
April 249.6205 241.8734 244.5202
May 260.0484 247.6712 253.2140
June 265.2046 258.6461 260.4032
July 274.1287 260.9074 267.6021
August 280.0880 273.2803 276.2541
September 282.8353 275.4556 279.5502
October 279.1253 273.6671 276.8770
November 282.3688 273.1899 277.0651
December 283.4203 277.1189 279.7959