YEARLY HIGH
5744.5966 IRR
YEARLY LOW
4214.8856 IRR
YEARLY AVERAGE
5024.5542 IRR

2017 DKK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5744.5966. Conversely, the yearly low was recorded on January 3, dropping to 4214.8856.

This high-to-low spread represents a total annual volatility of 1529.7109 IRR. From a start-to-finish perspective, comparing the January average rate of 4535.1469 to the December average rate of 5608.3324, the exchange rate registered a net change of 23.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 5744.5966 was up 22.74% compared to the 2016 peak of 4680.3546, 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 28,722,983 IRR
2016 Average 22,408,043 IRR
Yearly Trough Low 21,074,428 IRR
Transaction Impact: A difference of 7,648,554.52 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

5715.6510
4427.8284
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 4706.5554, compared to 5342.5531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 635.9977 points.

H1 Avg (Jan–Jun) 4706.5554
H2 Avg (Jul–Dec) 5342.5531

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 488.1518 IRR (High: 4703.0374 / Low: 4214.8856). On the other end, September was the most stable month, with a tight range of 95.6759 IRR (High: 5377.5181 / Low: 5281.8422).

January Spread (Volatile) ±488.1518
September Spread (Stable) ±95.6759

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 5608.3324) against the same month in 2016 (average: 4261.7024), the exchange rate shifted by +1346.6300 (+31.60%).

2017 Avg (December) 5608.3324
2016 Avg (December) 4261.7024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4703.0374 4214.8856 4535.1469
February 4693.8797 4597.0195 4637.1697
March 4734.5604 4581.9946 4664.5739
April 4765.5569 4617.8885 4674.6498
May 4905.7632 4740.6401 4825.3849
June 4994.8702 4860.2519 4902.4071
July 5198.6127 4962.4017 5058.3871
August 5313.7760 5172.6330 5220.8911
September 5377.5181 5281.8422 5334.5362
October 5450.9395 5279.9341 5357.6249
November 5574.7391 5391.1150 5475.5469
December 5744.5966 5532.9891 5608.3324