YEARLY HIGH
3.0626 MDL
YEARLY LOW
2.7853 MDL
YEARLY AVERAGE
2.9559 MDL

2016 DKK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 3.0626. Conversely, the yearly low was recorded on December 28, dropping to 2.7853.

This high-to-low spread represents a total annual volatility of 0.2773 MDL. From a start-to-finish perspective, comparing the January average rate of 2.9601 to the December average rate of 2.8513, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0626 was up 0.97% compared to the 2015 peak of 3.0331, 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 15,313 MDL
2015 Average 13,953 MDL
Yearly Trough Low 13,926 MDL
Transaction Impact: A difference of 1,386.57 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0230
2.8357
JanuMarcMayJulySeptNove

DKK to MDL 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 2.9811, compared to 2.9307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0504 points.

H1 Avg (Jan–Jun) 2.9811
H2 Avg (Jul–Dec) 2.9307

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1380 MDL (High: 3.0071 / Low: 2.8691). On the other end, September was the most stable month, with a tight range of 0.0280 MDL (High: 2.9842 / Low: 2.9562).

January Spread (Volatile) ±0.1380
September Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0567 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 3.0073) against the same month in 2015 (average: 2.6777), the exchange rate shifted by +0.3297 (+12.31%).

2016 Avg (May) 3.0073
2015 Avg (May) 2.6777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0071 2.8691 2.9601
February 3.0264 2.9225 2.9867
March 2.9899 2.9092 2.9515
April 3.0335 2.9691 2.9923
May 3.0626 2.9804 3.0073
June 3.0263 2.9221 2.9888
July 2.9628 2.9140 2.9413
August 2.9984 2.9441 2.9683
September 2.9842 2.9562 2.9703
October 2.9760 2.9123 2.9451
November 2.9741 2.8701 2.9080
December 2.9146 2.7853 2.8513