2019 DKK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 DKK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the DKK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 282.4662. Conversely, the yearly low was recorded on October 1, dropping to 269.8045.
This high-to-low spread represents a total annual volatility of 12.6617 BIF. From a start-to-finish perspective, comparing the January average rate of 276.0712 to the December average rate of 279.1979, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 282.4662 was down 4.71% compared to the 2018 peak of 296.4215, 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 2019.
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 276.2324, compared to 276.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1588 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 9.4878 BIF (High: 279.2922 / Low: 269.8045). On the other end, May was the most stable month, with a tight range of 2.8818 BIF (High: 277.1276 / Low: 274.2458).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 2.0988 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 278.9473) against the same month in 2018 (average: 277.8998), the exchange rate shifted by +1.0476 (+0.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 278.9983 | 272.4211 | 276.0712 |
| February | 279.8247 | 272.7297 | 275.8765 |
| March | 278.8948 | 271.9876 | 275.5689 |
| April | 277.5591 | 272.7194 | 275.6454 |
| May | 277.1276 | 274.2458 | 275.2854 |
| June | 282.4662 | 273.9172 | 278.9473 |
| July | 278.9853 | 273.4117 | 276.8485 |
| August | 277.7421 | 271.0100 | 275.0684 |
| September | 275.9948 | 270.3284 | 273.2708 |
| October | 279.2922 | 269.8045 | 275.1426 |
| November | 278.9665 | 275.7451 | 276.9135 |
| December | 282.3924 | 275.9796 | 279.1979 |