YEARLY HIGH
4680.3546 IRR
YEARLY LOW
4203.4338 IRR
YEARLY AVERAGE
4482.0673 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 23,401,773 IRR
2015 Average 21,541,280 IRR
Yearly Trough Low 21,017,169 IRR
Transaction Impact: A difference of 2,384,604.15 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4641.2025
4227.2024
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4527.0954
H2 Avg (Jul–Dec) 4437.0393

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±230.1274
September Spread (Stable) ±51.3265

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 June and July, when the average rate fell by 100.9296 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -100.9296

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (May) 4598.1546
2015 Avg (May) 4246.1458

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