YEARLY HIGH
0.2131 CAD
YEARLY LOW
0.1863 CAD
YEARLY AVERAGE
0.1970 CAD

2016 DKK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.2131. Conversely, the yearly low was recorded on December 11, dropping to 0.1863.

This high-to-low spread represents a total annual volatility of 0.0269 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2066 to the December average rate of 0.1892, the exchange rate registered a net change of -8.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2131 was up 3.77% compared to the 2015 peak of 0.2054, 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 1,066 CAD
2015 Average 951 CAD
Yearly Trough Low 931 CAD
Transaction Impact: A difference of 134.30 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2083
0.1874
JanuMarcMayJulySeptNove

DKK to CAD 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 0.1994, compared to 0.1946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1994
H2 Avg (Jul–Dec) 0.1946

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0133 CAD (High: 0.2108 / Low: 0.1975). On the other end, August was the most stable month, with a tight range of 0.0031 CAD (High: 0.1974 / Low: 0.1943).

February Spread (Volatile) ±0.0133
August Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2066) against the same month in 2015 (average: 0.1888), the exchange rate shifted by +0.0178 (+9.43%).

2016 Avg (January) 0.2066
2015 Avg (January) 0.1888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2131 0.2015 0.2066
February 0.2108 0.1975 0.2052
March 0.1993 0.1957 0.1974
April 0.2009 0.1912 0.1955
May 0.1982 0.1933 0.1966
June 0.1976 0.1933 0.1949
July 0.1962 0.1925 0.1939
August 0.1974 0.1943 0.1957
September 0.1994 0.1939 0.1970
October 0.1999 0.1935 0.1965
November 0.2005 0.1912 0.1951
December 0.1916 0.1863 0.1892