2016 DKK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 DKK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the DKK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 359.0093. Conversely, the yearly low was recorded on January 5, dropping to 287.6638.
This high-to-low spread represents a total annual volatility of 71.3454 MNT. From a start-to-finish perspective, comparing the January average rate of 290.8007 to the December average rate of 350.9530, the exchange rate registered a net change of 20.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 359.0093 was up 16.51% compared to the 2015 peak of 308.1419, 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 2016.
DKK to MNT 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 300.7955, compared to 335.0976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.3021 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 32.8725 MNT (High: 343.0282 / Low: 310.1557). On the other end, January was the most stable month, with a tight range of 5.5710 MNT (High: 293.2348 / Low: 287.6638).
Growth Streaks & Declines
TrendsBetween June and November, 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 May and June, when the average rate fell by 7.5809 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 352.2324) against the same month in 2015 (average: 286.2475), the exchange rate shifted by +65.9849 (+23.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 293.2348 | 287.6638 | 290.8007 |
| February | 304.8526 | 292.5244 | 300.3330 |
| March | 311.8977 | 295.9062 | 305.0275 |
| April | 313.1343 | 299.6728 | 306.5644 |
| May | 311.3120 | 298.3595 | 304.8140 |
| June | 303.9486 | 287.7616 | 297.2332 |
| July | 309.5703 | 296.0752 | 300.4418 |
| August | 343.0282 | 310.1557 | 328.3352 |
| September | 344.3425 | 331.2928 | 336.7075 |
| October | 349.7355 | 336.1552 | 341.9153 |
| November | 359.0093 | 344.9872 | 352.2324 |
| December | 356.8722 | 347.2108 | 350.9530 |