2016 DKK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 DKK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 4680.3546. Conversely, the yearly low was recorded on December 20, dropping to 4203.4338.
This high-to-low spread represents a total annual volatility of 476.9208 IRR. From a start-to-finish perspective, comparing the January average rate of 4368.9114 to the December average rate of 4261.7024, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 4680.3546 was up 1.20% compared to the 2015 peak of 4624.9158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
DKK to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4527.0954, compared to 4437.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 90.0561 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 230.1274 IRR (High: 4499.9530 / Low: 4269.8256). On the other end, September was the most stable month, with a tight range of 51.3265 IRR (High: 4552.7837 / Low: 4501.4572).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 100.9296 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 4598.1546) against the same month in 2015 (average: 4246.1458), the exchange rate shifted by +352.0087 (+8.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4398.4884 | 4332.3604 | 4368.9114 |
| February | 4574.0765 | 4371.4678 | 4489.8063 |
| March | 4610.2082 | 4402.5111 | 4513.8446 |
| April | 4649.5161 | 4564.2180 | 4606.7025 |
| May | 4680.3546 | 4527.7043 | 4598.1546 |
| June | 4643.9420 | 4493.3239 | 4585.1527 |
| July | 4556.3054 | 4439.8617 | 4484.2231 |
| August | 4577.5951 | 4483.0258 | 4527.2371 |
| September | 4552.7837 | 4501.4572 | 4526.6187 |
| October | 4537.4153 | 4397.2171 | 4460.2549 |
| November | 4499.9530 | 4269.8256 | 4362.1993 |
| December | 4347.7345 | 4203.4338 | 4261.7024 |