YEARLY HIGH
359.0093 MNT
YEARLY LOW
287.6638 MNT
YEARLY AVERAGE
317.9465 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 1,795,046 MNT
2015 Average 1,462,987 MNT
Yearly Trough Low 1,438,319 MNT
Transaction Impact: A difference of 356,727.24 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

358.3756
284.6576
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 300.7955
H2 Avg (Jul–Dec) 335.0976

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±32.8725
January Spread (Stable) ±5.5710

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.5809

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (November) 352.2324
2015 Avg (November) 286.2475

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