2011 DKK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 DKK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 398.0726. Conversely, the yearly low was recorded on October 3, dropping to 357.4558.
This high-to-low spread represents a total annual volatility of 40.6168 MGA. From a start-to-finish perspective, comparing the January average rate of 375.2580 to the December average rate of 379.1498, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 398.0726 was down 0.81% compared to the 2010 peak of 401.3282, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
DKK to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 375.8755, compared to 378.7334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8579 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was October, with a trading range of 40.6168 MGA (High: 398.0726 / Low: 357.4558). On the other end, August was the most stable month, with a tight range of 7.6107 MGA (High: 381.6116 / Low: 374.0008).
Growth Streaks & Declines
TrendsBetween February and April, 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 August and September, when the average rate fell by 5.8616 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 385.6330) against the same month in 2010 (average: 372.5806), the exchange rate shifted by +13.0524 (+3.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 384.4076 | 368.0533 | 375.2580 |
| February | 378.0615 | 366.2612 | 369.8870 |
| March | 381.6332 | 370.2327 | 376.6260 |
| April | 386.9915 | 373.1492 | 381.8729 |
| May | 388.7722 | 370.4907 | 377.1375 |
| June | 380.8292 | 368.7426 | 374.4715 |
| July | 383.6194 | 366.8197 | 375.1966 |
| August | 381.6116 | 374.0008 | 377.0600 |
| September | 378.6123 | 364.8938 | 371.1984 |
| October | 398.0726 | 357.4558 | 385.6330 |
| November | 391.9332 | 375.4927 | 384.1625 |
| December | 389.1331 | 372.3352 | 379.1498 |