YEARLY HIGH
191.8046 IQD
YEARLY LOW
165.3216 IQD
YEARLY AVERAGE
178.1586 IQD

2017 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 191.8046. Conversely, the yearly low was recorded on January 3, dropping to 165.3216.

This high-to-low spread represents a total annual volatility of 26.4830 IQD. From a start-to-finish perspective, comparing the January average rate of 168.8271 to the December average rate of 189.3718, the exchange rate registered a net change of 12.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 191.8046 was up 5.96% compared to the 2016 peak of 181.0086, 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 959,023 IQD
2016 Average 846,912 IQD
Yearly Trough Low 826,608 IQD
Transaction Impact: A difference of 132,415.07 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

191.4321
166.7091
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 170.9901, compared to 185.3271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3369 points.

H1 Avg (Jan–Jun) 170.9901
H2 Avg (Jul–Dec) 185.3271

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 8.4491 IQD (High: 178.3538 / Low: 169.9047). On the other end, December was the most stable month, with a tight range of 4.4515 IQD (High: 191.8046 / Low: 187.3531).

May Spread (Volatile) ±8.4491
December Spread (Stable) ±4.4515

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 3.1832 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.1832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 189.3718) against the same month in 2016 (average: 166.6524), the exchange rate shifted by +22.7194 (+13.63%).

2017 Avg (December) 189.3718
2016 Avg (December) 166.6524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 170.9894 165.3216 168.8271
February 172.4646 166.9395 169.0852
March 171.9085 166.3669 168.9711
April 172.5576 166.3401 168.7694
May 178.3538 169.9047 173.8458
June 180.9219 174.4075 176.4422
July 183.9578 178.0050 181.0320
August 188.8463 183.3731 185.4737
September 189.4708 184.2097 187.5565
October 186.8665 182.3289 184.3733
November 189.2545 181.4466 184.1552
December 191.8046 187.3531 189.3718