YEARLY HIGH
22.6263 LKR
YEARLY LOW
20.8036 LKR
YEARLY AVERAGE
21.7257 LKR

2016 DKK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 22.6263. Conversely, the yearly low was recorded on January 6, dropping to 20.8036.

This high-to-low spread represents a total annual volatility of 1.8227 LKR. From a start-to-finish perspective, comparing the January average rate of 20.9760 to the December average rate of 21.1355, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.6263 was up 4.68% compared to the 2015 peak of 21.6138, 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 113,131 LKR
2015 Average 101,166 LKR
Yearly Trough Low 104,018 LKR
Transaction Impact: A difference of 9,113.26 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.3754
20.8487
JanuMarcMayJulySeptNove

DKK to LKR 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 21.7841, compared to 21.6673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1168 points.

H1 Avg (Jan–Jun) 21.7841
H2 Avg (Jul–Dec) 21.6673

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.5063 LKR (High: 22.5800 / Low: 21.0736). On the other end, January was the most stable month, with a tight range of 0.2513 LKR (High: 21.0549 / Low: 20.8036).

March Spread (Volatile) ±1.5063
January Spread (Stable) ±0.2513

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 22.2482) against the same month in 2015 (average: 19.9793), the exchange rate shifted by +2.2689 (+11.36%).

2016 Avg (May) 22.2482
2015 Avg (May) 19.9793

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0549 20.8036 20.9760
February 21.8243 20.9749 21.4464
March 22.5800 21.0736 21.7308
April 22.4468 22.0112 22.1925
May 22.6263 22.0024 22.2482
June 22.5063 21.8030 22.1107
July 21.8861 21.5464 21.7007
August 22.1276 21.7158 21.9177
September 22.1189 21.7988 21.9376
October 22.1210 21.5062 21.8098
November 22.1509 21.0744 21.5023
December 21.4440 20.8457 21.1355