YEARLY HIGH
310.0584 BIF
YEARLY LOW
265.6024 BIF
YEARLY AVERAGE
289.2157 BIF

2022 DKK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 310.0584. Conversely, the yearly low was recorded on September 27, dropping to 265.6024.

This high-to-low spread represents a total annual volatility of 44.4560 BIF. From a start-to-finish perspective, comparing the January average rate of 304.6168 to the December average rate of 294.3257, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 310.0584 was down 4.64% compared to the 2021 peak of 325.1318, 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 1,550,292 BIF
2021 Average 1,570,113 BIF
Yearly Trough Low 1,328,012 BIF
Transaction Impact: A difference of 222,280.16 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

309.3547
268.7718
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 297.6582, compared to 280.7732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.8850 points.

H1 Avg (Jan–Jun) 297.6582
H2 Avg (Jul–Dec) 280.7732

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 19.4110 BIF (High: 305.3480 / Low: 285.9371). On the other end, December was the most stable month, with a tight range of 6.2995 BIF (High: 296.9140 / Low: 290.6144).

April Spread (Volatile) ±19.4110
December Spread (Stable) ±6.2995

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.4998 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.4998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 305.9728) against the same month in 2021 (average: 317.2329), the exchange rate shifted by -11.2601 (-3.55%).

2022 Avg (February) 305.9728
2021 Avg (February) 317.2329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 308.0663 298.6118 304.6168
February 310.0584 299.0251 305.9728
March 305.3251 293.8418 299.4478
April 305.3480 285.9371 295.5986
May 297.5522 283.7670 289.1332
June 296.9235 286.6187 291.1803
July 288.6037 277.3659 281.6804
August 284.8142 274.2130 279.6398
September 280.1683 265.6024 273.7648
October 278.2517 268.2178 272.1537
November 289.8080 270.4806 283.0748
December 296.9140 290.6144 294.3257