YEARLY HIGH
557.8203 MGA
YEARLY LOW
363.0038 MGA
YEARLY AVERAGE
544.6500 MGA

2019 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 557.8203. Conversely, the yearly low was recorded on December 16, dropping to 363.0038.

This high-to-low spread represents a total annual volatility of 194.8165 MGA. From a start-to-finish perspective, comparing the January average rate of 544.3178 to the December average rate of 536.1962, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 557.8203 was down 0.33% compared to the 2018 peak of 559.6611, 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 2,789,101 MGA
2018 Average 2,645,087 MGA
Yearly Trough Low 1,815,019 MGA
Transaction Impact: A difference of 974,082.50 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

553.4695
534.6259
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 543.3128, compared to 545.9872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6744 points.

H1 Avg (Jan–Jun) 543.3128
H2 Avg (Jul–Dec) 545.9872

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 191.6406 MGA (High: 554.6443 / Low: 363.0038). On the other end, May was the most stable month, with a tight range of 9.6286 MGA (High: 551.1278 / Low: 541.4993).

December Spread (Volatile) ±191.6406
May Spread (Stable) ±9.6286

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 9.6438 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.6438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 551.8992) against the same month in 2018 (average: 531.3912), the exchange rate shifted by +20.5080 (+3.86%).

2019 Avg (September) 551.8992
2018 Avg (September) 531.3912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 557.0086 528.7427 544.3178
February 549.1302 530.9534 537.8440
March 542.4416 530.3491 536.2422
April 550.9034 535.3593 543.5729
May 551.1278 541.4993 546.0337
June 556.3001 544.8923 551.8663
July 554.2212 538.8304 546.2206
August 554.0258 544.1255 549.9426
September 557.8203 546.8447 551.8992
October 553.1432 539.3524 545.8246
November 553.6567 532.0259 545.8400
December 554.6443 363.0038 536.1962