YEARLY HIGH
2.9053 MDL
YEARLY LOW
2.6955 MDL
YEARLY AVERAGE
2.7967 MDL

2017 DKK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.9053. Conversely, the yearly low was recorded on October 26, dropping to 2.6955.

This high-to-low spread represents a total annual volatility of 0.2098 MDL. From a start-to-finish perspective, comparing the January average rate of 2.8685 to the December average rate of 2.7330, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9053 was down 5.14% compared to the 2016 peak of 3.0626, 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 14,526 MDL
2016 Average 14,778 MDL
Yearly Trough Low 13,478 MDL
Transaction Impact: A difference of 1,048.93 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8820
2.7194
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 2.8071, compared to 2.7863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 2.8071
H2 Avg (Jul–Dec) 2.7863

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.1082 MDL (High: 2.8244 / Low: 2.7163). On the other end, June was the most stable month, with a tight range of 0.0534 MDL (High: 2.7822 / Low: 2.7288).

May Spread (Volatile) ±0.1082
June Spread (Stable) ±0.0534

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0798 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.8685) against the same month in 2016 (average: 2.9601), the exchange rate shifted by -0.0916 (-3.10%).

2017 Avg (January) 2.8685
2016 Avg (January) 2.9601

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9053 2.8053 2.8685
February 2.8884 2.8203 2.8539
March 2.8531 2.7841 2.8308
April 2.8313 2.7441 2.7834
May 2.8244 2.7163 2.7568
June 2.7822 2.7288 2.7493
July 2.8616 2.7643 2.8089
August 2.8712 2.8109 2.8392
September 2.8761 2.7791 2.8293
October 2.8036 2.6955 2.7495
November 2.8126 2.7127 2.7582
December 2.7556 2.6996 2.7330