2019 DKK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 DKK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the DKK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.7966. Conversely, the yearly low was recorded on March 7, dropping to 4.2671.
This high-to-low spread represents a total annual volatility of 0.5295 ETB. From a start-to-finish perspective, comparing the January average rate of 4.3376 to the December average rate of 4.6826, the exchange rate registered a net change of 7.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 4.7966 was up 3.56% compared to the 2018 peak of 4.6318, 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 2019.
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 4.3385, compared to 4.4196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0811 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.2947 ETB (High: 4.7966 / Low: 4.5020). On the other end, May was the most stable month, with a tight range of 0.0678 ETB (High: 4.3643 / Low: 4.2965).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 0.0300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 4.6826) against the same month in 2018 (average: 4.2969), the exchange rate shifted by +0.3858 (+8.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.3946 | 4.2706 | 4.3376 |
| February | 4.3750 | 4.2998 | 4.3307 |
| March | 4.3534 | 4.2671 | 4.3213 |
| April | 4.3765 | 4.2740 | 4.3323 |
| May | 4.3643 | 4.2965 | 4.3286 |
| June | 4.4337 | 4.2984 | 4.3806 |
| July | 4.4114 | 4.2876 | 4.3505 |
| August | 4.3922 | 4.3005 | 4.3496 |
| September | 4.3609 | 4.2862 | 4.3336 |
| October | 4.4441 | 4.2755 | 4.3761 |
| November | 4.5122 | 4.3533 | 4.4250 |
| December | 4.7966 | 4.5020 | 4.6826 |