YEARLY HIGH
1435.0833 GNF
YEARLY LOW
1330.7994 GNF
YEARLY AVERAGE
1384.0365 GNF

2019 DKK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1435.0833. Conversely, the yearly low was recorded on November 12, dropping to 1330.7994.

This high-to-low spread represents a total annual volatility of 104.2840 GNF. From a start-to-finish perspective, comparing the January average rate of 1401.1854 to the December average rate of 1409.7533, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1435.0833 was down 5.21% compared to the 2018 peak of 1513.8933, 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 7,175,417 GNF
2018 Average 7,169,124 GNF
Yearly Trough Low 6,653,997 GNF
Transaction Impact: A difference of 521,419.81 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1414.7533
1354.7526
JanuMarcMayJulySeptNove

DKK to GNF 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 1388.8956, compared to 1379.1774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.7181 points.

H1 Avg (Jan–Jun) 1388.8956
H2 Avg (Jul–Dec) 1379.1774

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 74.8911 GNF (High: 1405.6905 / Low: 1330.7994). On the other end, September was the most stable month, with a tight range of 20.6249 GNF (High: 1368.8511 / Low: 1348.2262).

November Spread (Volatile) ±74.8911
September Spread (Stable) ±20.6249

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 11.8497 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.8497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1409.7533) against the same month in 2018 (average: 1395.0923), the exchange rate shifted by +14.6610 (+1.05%).

2019 Avg (December) 1409.7533
2018 Avg (December) 1395.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1414.2243 1386.5133 1401.1854
February 1413.3182 1380.6469 1395.3355
March 1405.8978 1371.6184 1390.2003
April 1396.5000 1360.6502 1380.6047
May 1388.0739 1361.2778 1376.4791
June 1405.5429 1364.7060 1389.5684
July 1393.3053 1364.4125 1382.6926
August 1387.3953 1349.6185 1371.6024
September 1368.8511 1348.2262 1359.7527
October 1380.8683 1349.4238 1368.6064
November 1405.6905 1330.7994 1382.6572
December 1435.0833 1395.8583 1409.7533