YEARLY HIGH
15.0279 CVE
YEARLY LOW
14.4067 CVE
YEARLY AVERAGE
14.8090 CVE

2016 DKK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 15.0279. Conversely, the yearly low was recorded on December 28, dropping to 14.4067.

This high-to-low spread represents a total annual volatility of 0.6212 CVE. From a start-to-finish perspective, comparing the January average rate of 14.7782 to the December average rate of 14.8260, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.0279 was up 0.70% compared to the 2015 peak of 14.9228, 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 75,140 CVE
2015 Average 73,850 CVE
Yearly Trough Low 72,033 CVE
Transaction Impact: A difference of 3,106.05 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.8479
14.7719
JanuMarcMayJulySeptNove

DKK to CVE 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 14.8044, compared to 14.8135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 14.8044
H2 Avg (Jul–Dec) 14.8135

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.6212 CVE (High: 15.0279 / Low: 14.4067). On the other end, January was the most stable month, with a tight range of 0.0908 CVE (High: 14.8233 / Low: 14.7325).

December Spread (Volatile) ±0.6212
January Spread (Stable) ±0.0908

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0393 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 14.8260) against the same month in 2015 (average: 14.7660), the exchange rate shifted by +0.0600 (+0.41%).

2016 Avg (December) 14.8260
2015 Avg (December) 14.7660

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8233 14.7325 14.7782
February 14.8674 14.7219 14.7875
March 14.9968 14.7451 14.8143
April 14.8842 14.6630 14.8221
May 14.8971 14.6912 14.7828
June 14.9636 14.7544 14.8416
July 14.8682 14.7281 14.8139
August 14.8681 14.7049 14.8099
September 14.8665 14.7160 14.8032
October 14.8843 14.7597 14.8168
November 14.8686 14.7382 14.8114
December 15.0279 14.4067 14.8260