YEARLY HIGH
1.2004 HKD
YEARLY LOW
1.0854 HKD
YEARLY AVERAGE
1.1541 HKD

2016 DKK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.2004. Conversely, the yearly low was recorded on December 20, dropping to 1.0854.

This high-to-low spread represents a total annual volatility of 0.1151 HKD. From a start-to-finish perspective, comparing the January average rate of 1.1330 to the December average rate of 1.0994, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2004 was down 4.43% compared to the 2015 peak of 1.2561, 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 6,002 HKD
2015 Average 5,769 HKD
Yearly Trough Low 5,427 HKD
Transaction Impact: A difference of 575.31 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1899
1.0912
JanuMarcMayJulySeptNove

DKK to HKD 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 1.1641, compared to 1.1440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 1.1641
H2 Avg (Jul–Dec) 1.1440

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0593 HKD (High: 1.1604 / Low: 1.1010). On the other end, September was the most stable month, with a tight range of 0.0129 HKD (High: 1.1739 / Low: 1.1610).

November Spread (Volatile) ±0.0593
September Spread (Stable) ±0.0129

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 0.0257 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.1793) against the same month in 2015 (average: 1.1597), the exchange rate shifted by +0.0196 (+1.69%).

2016 Avg (May) 1.1793
2015 Avg (May) 1.1597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1421 1.1195 1.1330
February 1.1805 1.1339 1.1581
March 1.1830 1.1328 1.1590
April 1.1924 1.1707 1.1817
May 1.2004 1.1604 1.1793
June 1.1890 1.1511 1.1736
July 1.1649 1.1450 1.1540
August 1.1806 1.1563 1.1677
September 1.1739 1.1610 1.1673
October 1.1704 1.1340 1.1506
November 1.1604 1.1010 1.1249
December 1.1212 1.0854 1.0994