YEARLY HIGH
181.0086 IQD
YEARLY LOW
157.4778 IQD
YEARLY AVERAGE
169.3704 IQD

2016 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 181.0086. Conversely, the yearly low was recorded on January 24, dropping to 157.4778.

This high-to-low spread represents a total annual volatility of 23.5308 IQD. From a start-to-finish perspective, comparing the January average rate of 159.0252 to the December average rate of 166.6524, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 181.0086 was down 4.13% compared to the 2015 peak of 188.8008, 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 905,043 IQD
2015 Average 867,109 IQD
Yearly Trough Low 787,389 IQD
Transaction Impact: A difference of 117,654.24 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

179.0831
157.2017
JanuMarcMayJulySeptNove

DKK to IQD 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 166.7110, compared to 172.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3188 points.

H1 Avg (Jan–Jun) 166.7110
H2 Avg (Jul–Dec) 172.0298

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 10.4924 IQD (High: 178.0705 / Low: 167.5781). On the other end, September was the most stable month, with a tight range of 1.9851 IQD (High: 176.3325 / Low: 174.3474).

May Spread (Volatile) ±10.4924
September Spread (Stable) ±1.9851

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.2105 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.2105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 177.2597) against the same month in 2015 (average: 178.0672), the exchange rate shifted by -0.8075 (-0.45%).

2016 Avg (June) 177.2597
2015 Avg (June) 178.0672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.8525 157.4778 159.0252
February 164.9204 158.6716 161.9723
March 166.0361 158.6294 162.5741
April 170.1391 164.9800 166.9687
May 178.0705 167.5781 172.4659
June 181.0086 172.4906 177.2597
July 175.3990 172.5378 173.8177
August 177.5519 173.9809 175.5216
September 176.3325 174.3474 175.3345
October 175.4428 170.3166 172.5315
November 173.5527 164.1555 168.3210
December 168.9287 164.6957 166.6524