YEARLY HIGH
6887.6239 IRR
YEARLY LOW
5741.8308 IRR
YEARLY AVERAGE
6434.4059 IRR

2018 DKK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 6887.6239. Conversely, the yearly low was recorded on January 9, dropping to 5741.8308.

This high-to-low spread represents a total annual volatility of 1145.7931 IRR. From a start-to-finish perspective, comparing the January average rate of 5906.8713 to the December average rate of 6439.1239, the exchange rate registered a net change of 9.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6887.6239 was up 19.90% compared to the 2017 peak of 5744.5966, 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 34,438,120 IRR
2017 Average 25,134,733 IRR
Yearly Trough Low 28,709,154 IRR
Transaction Impact: A difference of 5,728,965.73 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6877.9608
5818.5905
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 6252.7457, compared to 6616.0662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 363.3205 points.

H1 Avg (Jan–Jun) 6252.7457
H2 Avg (Jul–Dec) 6616.0662

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 787.0696 IRR (High: 6742.6971 / Low: 5955.6275). On the other end, December was the most stable month, with a tight range of 110.4050 IRR (High: 6486.1318 / Low: 6375.7268).

May Spread (Volatile) ±787.0696
December Spread (Stable) ±110.4050

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 195.0766 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -195.0766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 6789.6799) against the same month in 2017 (average: 5058.3871), the exchange rate shifted by +1731.2929 (+34.23%).

2018 Avg (July) 6789.6799
2017 Avg (July) 5058.3871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6163.0619 5741.8308 5906.8713
February 6218.9262 6083.7699 6145.8395
March 6287.6254 6145.9343 6208.6227
April 6248.8304 6073.6077 6180.2189
May 6742.6971 5955.6275 6436.8041
June 6697.5140 6566.2554 6638.1174
July 6887.6239 6661.0716 6789.6799
August 6862.5189 6566.8654 6704.5486
September 6815.8693 6686.5908 6742.1925
October 6701.9449 6445.6449 6547.1159
November 6522.7995 6394.4382 6473.7362
December 6486.1318 6375.7268 6439.1239