YEARLY HIGH
6.6190 GMD
YEARLY LOW
5.7096 GMD
YEARLY AVERAGE
6.2426 GMD

2016 DKK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 6.6190. Conversely, the yearly low was recorded on January 5, dropping to 5.7096.

This high-to-low spread represents a total annual volatility of 0.9094 GMD. From a start-to-finish perspective, comparing the January average rate of 5.7524 to the December average rate of 6.0667, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.6190 was down 5.04% compared to the 2015 peak of 6.9701, 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 33,095 GMD
2015 Average 30,663 GMD
Yearly Trough Low 28,548 GMD
Transaction Impact: A difference of 4,546.80 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.5740
5.6777
JanuMarcMayJulySeptNove

DKK to GMD 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 6.1896, compared to 6.2956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1060 points.

H1 Avg (Jan–Jun) 6.1896
H2 Avg (Jul–Dec) 6.2956

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.8056 GMD (High: 6.5201 / Low: 5.7146). On the other end, January was the most stable month, with a tight range of 0.0794 GMD (High: 5.7890 / Low: 5.7096).

March Spread (Volatile) ±0.8056
January Spread (Stable) ±0.0794

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 October and November, when the average rate fell by 0.1350 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 6.4936) against the same month in 2015 (average: 6.4368), the exchange rate shifted by +0.0569 (+0.88%).

2016 Avg (May) 6.4936
2015 Avg (May) 6.4368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.7890 5.7096 5.7524
February 5.9700 5.7511 5.8728
March 6.5201 5.7146 6.0671
April 6.5530 6.4498 6.4993
May 6.6190 6.3711 6.4936
June 6.5617 6.3467 6.4526
July 6.3947 6.3008 6.3505
August 6.5149 6.3481 6.4222
September 6.4504 6.3691 6.4126
October 6.4366 6.2331 6.3285
November 6.3730 6.0381 6.1934
December 6.2111 5.9647 6.0667