YEARLY HIGH
501.5252 MGA
YEARLY LOW
440.2049 MGA
YEARLY AVERAGE
472.2617 MGA

2016 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 501.5252. Conversely, the yearly low was recorded on July 29, dropping to 440.2049.

This high-to-low spread represents a total annual volatility of 61.3204 MGA. From a start-to-finish perspective, comparing the January average rate of 467.5947 to the December average rate of 472.5053, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 501.5252 was down 1.56% compared to the 2015 peak of 509.4651, 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 2,507,626 MGA
2015 Average 2,306,264 MGA
Yearly Trough Low 2,201,024 MGA
Transaction Impact: A difference of 306,601.76 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

497.3043
450.7247
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 480.2871, compared to 464.2362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.0508 points.

H1 Avg (Jan–Jun) 480.2871
H2 Avg (Jul–Dec) 464.2362

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 41.8852 MGA (High: 482.0901 / Low: 440.2049). On the other end, October was the most stable month, with a tight range of 6.2312 MGA (High: 473.7914 / Low: 467.5601).

July Spread (Volatile) ±41.8852
October Spread (Stable) ±6.2312

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 35.4725 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -35.4725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 493.4227) against the same month in 2015 (average: 478.3006), the exchange rate shifted by +15.1221 (+3.16%).

2016 Avg (June) 493.4227
2015 Avg (June) 478.3006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 470.5083 463.3949 467.5947
February 481.1121 466.2498 473.9960
March 489.4887 467.2166 478.8048
April 489.4842 480.8344 485.0408
May 489.4145 478.6722 482.8636
June 501.5252 482.9362 493.4227
July 482.0901 440.2049 457.9502
August 462.8470 443.1471 454.6063
September 468.5330 454.2163 458.9630
October 473.7914 467.5601 471.2741
November 477.6764 464.9406 470.1185
December 481.9738 461.6853 472.5053