2011 DKK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 DKK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the DKK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 3.3549. Conversely, the yearly low was recorded on January 10, dropping to 2.2079.
This high-to-low spread represents a total annual volatility of 1.1470 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2835 to the December average rate of 3.0566, the exchange rate registered a net change of 33.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 3.3549 was up 38.75% compared to the 2010 peak of 2.4179, 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 2011.
DKK to ETB 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 2.7793, compared to 3.1739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 0.9196 ETB (High: 3.3541 / Low: 2.4345). On the other end, February was the most stable month, with a tight range of 0.0643 ETB (High: 2.3667 / Low: 2.3024).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1187 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2011: 3.2374) against the same month in 2010 (average: 1.8977), the exchange rate shifted by +1.3397 (+70.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.3440 | 2.2079 | 2.2835 |
| February | 2.3667 | 2.3024 | 2.3352 |
| March | 2.4378 | 2.3653 | 2.4020 |
| April | 3.3541 | 2.4345 | 3.1560 |
| May | 3.3549 | 3.1807 | 3.2374 |
| June | 3.3177 | 3.2044 | 3.2619 |
| July | 3.3133 | 3.1829 | 3.2565 |
| August | 3.3218 | 3.2381 | 3.2816 |
| September | 3.2727 | 3.0904 | 3.1629 |
| October | 3.2604 | 3.0451 | 3.1563 |
| November | 3.1772 | 3.0626 | 3.1293 |
| December | 3.1238 | 3.0017 | 3.0566 |