YEARLY HIGH
525.6990 MGA
YEARLY LOW
434.3063 MGA
YEARLY AVERAGE
473.9797 MGA

2017 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 525.6990. Conversely, the yearly low was recorded on March 2, dropping to 434.3063.

This high-to-low spread represents a total annual volatility of 91.3927 MGA. From a start-to-finish perspective, comparing the January average rate of 469.1924 to the December average rate of 513.2968, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 525.6990 was up 4.82% compared to the 2016 peak of 501.5252, 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 2,628,495 MGA
2016 Average 2,361,008 MGA
Yearly Trough Low 2,171,531 MGA
Transaction Impact: A difference of 456,963.47 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

519.5153
444.8938
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 463.0348, compared to 484.9247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8898 points.

H1 Avg (Jan–Jun) 463.0348
H2 Avg (Jul–Dec) 484.9247

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 42.5122 MGA (High: 476.8185 / Low: 434.3063). On the other end, May was the most stable month, with a tight range of 13.1686 MGA (High: 472.3725 / Low: 459.2038).

March Spread (Volatile) ±42.5122
May Spread (Stable) ±13.1686

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 18.0802 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -18.0802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 513.2968) against the same month in 2016 (average: 472.5053), the exchange rate shifted by +40.7915 (+8.63%).

2017 Avg (December) 513.2968
2016 Avg (December) 472.5053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 477.3484 458.6523 469.1924
February 467.4411 435.7771 451.1123
March 476.8185 434.3063 458.4749
April 478.9798 455.3268 461.2217
May 472.3725 459.2038 465.1628
June 485.5408 464.1715 473.0447
July 470.7090 447.8950 458.8582
August 479.8611 461.7474 471.1623
September 485.3686 472.0974 478.5468
October 493.4300 477.6010 486.0308
November 513.1706 493.2611 501.6530
December 525.6990 502.4788 513.2968