YEARLY HIGH
19.1514 ISK
YEARLY LOW
15.8161 ISK
YEARLY AVERAGE
17.9604 ISK

2016 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 19.1514. Conversely, the yearly low was recorded on December 11, dropping to 15.8161.

This high-to-low spread represents a total annual volatility of 3.3353 ISK. From a start-to-finish perspective, comparing the January average rate of 18.9235 to the December average rate of 15.9561, the exchange rate registered a net change of -15.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 19.1514 was down 7.56% compared to the 2015 peak of 20.7183, 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 95,757 ISK
2015 Average 98,083 ISK
Yearly Trough Low 79,080 ISK
Transaction Impact: A difference of 16,676.49 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.3535
15.6472
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 18.8616, compared to 17.0592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8025 points.

H1 Avg (Jan–Jun) 18.8616
H2 Avg (Jul–Dec) 17.0592

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6412 ISK (High: 16.6227 / Low: 15.9815). On the other end, March was the most stable month, with a tight range of 0.1243 ISK (High: 18.9717 / Low: 18.8474).

November Spread (Volatile) ±0.6412
March Spread (Stable) ±0.1243

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6427 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 19.0447) against the same month in 2015 (average: 20.1214), the exchange rate shifted by -1.0767 (-5.35%).

2016 Avg (February) 19.0447
2015 Avg (February) 20.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.0162 18.8001 18.9235
February 19.1514 18.8410 19.0447
March 18.9717 18.8474 18.9028
April 18.9622 18.8239 18.8797
May 18.8486 18.6926 18.7764
June 18.7949 18.3687 18.6427
July 18.3560 17.9028 18.1409
August 18.0222 17.4687 17.7732
September 17.4434 17.1809 17.2800
October 17.2255 16.6526 16.9237
November 16.6227 15.9815 16.2811
December 16.1736 15.8161 15.9561