YEARLY HIGH
4.6318 ETB
YEARLY LOW
4.1999 ETB
YEARLY AVERAGE
4.3844 ETB

2018 DKK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 4.6318. Conversely, the yearly low was recorded on November 12, dropping to 4.1999.

This high-to-low spread represents a total annual volatility of 0.4319 ETB. From a start-to-finish perspective, comparing the January average rate of 4.4985 to the December average rate of 4.2969, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.6318 was up 5.01% compared to the 2017 peak of 4.4108, 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 23,159 ETB
2017 Average 18,248 ETB
Yearly Trough Low 20,999 ETB
Transaction Impact: A difference of 2,159.46 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.5898
4.2355
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 4.4708, compared to 4.2980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1727 points.

H1 Avg (Jan–Jun) 4.4708
H2 Avg (Jul–Dec) 4.2980

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.2117 ETB (High: 4.6015 / Low: 4.3898). On the other end, July was the most stable month, with a tight range of 0.0603 ETB (High: 4.3575 / Low: 4.2972).

January Spread (Volatile) ±0.2117
July Spread (Stable) ±0.0603

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1610 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 4.5603) against the same month in 2017 (average: 3.2445), the exchange rate shifted by +1.3158 (+40.55%).

2018 Avg (February) 4.5603
2017 Avg (February) 3.2445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6015 4.3898 4.4985
February 4.6318 4.5116 4.5603
March 4.6108 4.5166 4.5531
April 4.5659 4.4620 4.5276
May 4.4360 4.2697 4.3666
June 4.3651 4.2749 4.3187
July 4.3575 4.2972 4.3254
August 4.3406 4.2035 4.2772
September 4.4077 4.2658 4.3310
October 4.3312 4.2138 4.2927
November 4.2942 4.1999 4.2651
December 4.3603 4.2430 4.2969