YEARLY HIGH
6643.6398 IRR
YEARLY LOW
6146.5538 IRR
YEARLY AVERAGE
6321.6279 IRR

2019 DKK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 6643.6398. Conversely, the yearly low was recorded on September 30, dropping to 6146.5538.

This high-to-low spread represents a total annual volatility of 497.0859 IRR. From a start-to-finish perspective, comparing the January average rate of 6471.2685 to the December average rate of 6261.9164, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 6643.6398 was down 3.54% compared to the 2018 peak of 6887.6239, 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 33,218,199 IRR
2018 Average 32,179,825 IRR
Yearly Trough Low 30,732,769 IRR
Transaction Impact: A difference of 2,485,429.70 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6497.1798
6186.2449
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 6386.5890, compared to 6256.6668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 129.9221 points.

H1 Avg (Jan–Jun) 6386.5890
H2 Avg (Jul–Dec) 6256.6668

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 264.7660 IRR (High: 6643.6398 / Low: 6378.8737). On the other end, November was the most stable month, with a tight range of 97.7977 IRR (High: 6299.4680 / Low: 6201.6703).

January Spread (Volatile) ±264.7660
November Spread (Stable) ±97.7977

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 67.1183 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -67.1183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 6471.2685) against the same month in 2018 (average: 5906.8713), the exchange rate shifted by +564.3972 (+9.55%).

2019 Avg (January) 6471.2685
2018 Avg (January) 5906.8713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6643.6398 6378.8737 6471.2685
February 6461.2122 6356.7824 6406.1599
March 6476.2828 6320.7728 6384.9221
April 6423.1787 6279.7516 6350.7341
May 6404.5555 6275.1021 6318.3787
June 6488.0480 6297.2047 6388.0704
July 6369.1734 6242.4823 6323.6691
August 6342.1078 6206.8813 6279.2745
September 6268.2548 6146.5538 6212.1561
October 6299.1831 6166.2141 6235.0811
November 6299.4680 6201.6703 6227.9038
December 6319.0359 6208.8244 6261.9164