YEARLY HIGH
1.0699 BOB
YEARLY LOW
0.9646 BOB
YEARLY AVERAGE
1.0256 BOB

2016 DKK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.0699. Conversely, the yearly low was recorded on December 20, dropping to 0.9646.

This high-to-low spread represents a total annual volatility of 0.1053 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0059 to the December average rate of 0.9808, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0699 was down 4.77% compared to the 2015 peak of 1.1236, 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 5,350 BOB
2015 Average 5,138 BOB
Yearly Trough Low 4,823 BOB
Transaction Impact: A difference of 526.42 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0544
0.9741
JanuMarcMayJulySeptNove

DKK to BOB 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 1.0316, compared to 1.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 1.0316
H2 Avg (Jul–Dec) 1.0196

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0524 BOB (High: 1.0340 / Low: 0.9815). On the other end, September was the most stable month, with a tight range of 0.0125 BOB (High: 1.0470 / Low: 1.0345).

November Spread (Volatile) ±0.0524
September Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0224 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.0476) against the same month in 2015 (average: 1.0332), the exchange rate shifted by +0.0144 (+1.39%).

2016 Avg (May) 1.0476
2015 Avg (May) 1.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0111 0.9983 1.0059
February 1.0459 1.0012 1.0257
March 1.0403 1.0002 1.0212
April 1.0627 1.0381 1.0477
May 1.0699 1.0290 1.0476
June 1.0545 1.0208 1.0413
July 1.0382 1.0206 1.0256
August 1.0535 1.0315 1.0415
September 1.0470 1.0345 1.0410
October 1.0419 1.0112 1.0256
November 1.0340 0.9815 1.0031
December 0.9974 0.9646 0.9808