YEARLY HIGH
0.2167 CAD
YEARLY LOW
0.1983 CAD
YEARLY AVERAGE
0.2053 CAD

2018 DKK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.2167. Conversely, the yearly low was recorded on October 3, dropping to 0.1983.

This high-to-low spread represents a total annual volatility of 0.0184 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2037 to the December average rate of 0.2050, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2167 was up 5.12% compared to the 2017 peak of 0.2061, 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 1,083 CAD
2017 Average 985 CAD
Yearly Trough Low 991 CAD
Transaction Impact: A difference of 92.04 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2154
0.1992
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 0.2077, compared to 0.2030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2077
H2 Avg (Jul–Dec) 0.2030

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0087 CAD (High: 0.2096 / Low: 0.2008). On the other end, July was the most stable month, with a tight range of 0.0032 CAD (High: 0.2074 / Low: 0.2042).

December Spread (Volatile) ±0.0087
July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.2141) against the same month in 2017 (average: 0.1925), the exchange rate shifted by +0.0216 (+11.20%).

2018 Avg (March) 0.2141
2017 Avg (March) 0.1925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2061 0.1995 0.2037
February 0.2104 0.2060 0.2085
March 0.2167 0.2114 0.2141
April 0.2131 0.2081 0.2099
May 0.2068 0.2018 0.2043
June 0.2088 0.2031 0.2056
July 0.2074 0.2042 0.2060
August 0.2034 0.1988 0.2019
September 0.2056 0.1998 0.2035
October 0.2024 0.1983 0.2006
November 0.2028 0.1993 0.2010
December 0.2096 0.2008 0.2050