YEARLY HIGH
21.3657 ISK
YEARLY LOW
20.4039 ISK
YEARLY AVERAGE
20.7666 ISK

2014 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 21.3657. Conversely, the yearly low was recorded on October 4, dropping to 20.4039.

This high-to-low spread represents a total annual volatility of 0.9618 ISK. From a start-to-finish perspective, comparing the January average rate of 21.1340 to the December average rate of 20.7277, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 21.3657 was down 8.24% compared to the 2013 peak of 23.2847, 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 106,828 ISK
2013 Average 108,704 ISK
Yearly Trough Low 102,019 ISK
Transaction Impact: A difference of 4,809.01 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

21.1912
20.5042
JanuMarcMayJulySeptNove

DKK to ISK 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 20.8588, compared to 20.6744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1844 points.

H1 Avg (Jan–Jun) 20.8588
H2 Avg (Jul–Dec) 20.6744

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.4671 ISK (High: 20.9884 / Low: 20.5213). On the other end, April was the most stable month, with a tight range of 0.1358 ISK (High: 20.8367 / Low: 20.7009).

November Spread (Volatile) ±0.4671
April Spread (Stable) ±0.1358

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2235 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 21.1340) against the same month in 2013 (average: 22.9048), the exchange rate shifted by -1.7708 (-7.73%).

2014 Avg (January) 21.1340
2013 Avg (January) 22.9048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.3657 20.9533 21.1340
February 21.0749 20.8083 20.9105
March 21.0286 20.7469 20.9009
April 20.8367 20.7009 20.7672
May 20.8497 20.5971 20.7179
June 20.7817 20.6242 20.7222
July 20.8374 20.6199 20.7394
August 20.8116 20.5920 20.7088
September 20.6963 20.4744 20.5908
October 20.6914 20.4039 20.5614
November 20.9884 20.5213 20.7181
December 20.8390 20.6087 20.7277