2017 DKK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 DKK to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the DKK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 15.1134. Conversely, the yearly low was recorded on January 2, dropping to 14.6245.
This high-to-low spread represents a total annual volatility of 0.4890 CVE. From a start-to-finish perspective, comparing the January average rate of 14.8591 to the December average rate of 14.8659, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 15.1134 was up 0.57% compared to the 2016 peak of 15.0279, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.8771, compared to 14.8673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.4026 CVE (High: 15.0270 / Low: 14.6245). On the other end, February was the most stable month, with a tight range of 0.0865 CVE (High: 14.9101 / Low: 14.8236).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.0281 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 14.8803) against the same month in 2016 (average: 14.8221), the exchange rate shifted by +0.0582 (+0.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.0270 | 14.6245 | 14.8591 |
| February | 14.9101 | 14.8236 | 14.8758 |
| March | 15.0191 | 14.8191 | 14.8853 |
| April | 15.1134 | 14.8191 | 14.8803 |
| May | 14.9496 | 14.7959 | 14.8803 |
| June | 14.9232 | 14.8011 | 14.8818 |
| July | 14.9949 | 14.8201 | 14.8749 |
| August | 14.9999 | 14.8043 | 14.8698 |
| September | 14.9440 | 14.7289 | 14.8696 |
| October | 14.9184 | 14.6573 | 14.8415 |
| November | 14.9836 | 14.7912 | 14.8822 |
| December | 14.9635 | 14.8045 | 14.8659 |