YEARLY HIGH
2.3710 MVR
YEARLY LOW
2.1396 MVR
YEARLY AVERAGE
2.2695 MVR

2016 DKK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 2.3710. Conversely, the yearly low was recorded on December 28, dropping to 2.1396.

This high-to-low spread represents a total annual volatility of 0.2314 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2291 to the December average rate of 2.1706, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3710 was down 4.49% compared to the 2015 peak of 2.4824, 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 11,855 MVR
2015 Average 11,377 MVR
Yearly Trough Low 10,698 MVR
Transaction Impact: A difference of 1,156.93 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3394
2.1553
JanuMarcMayJulySeptNove

DKK to MVR 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 2.2902, compared to 2.2488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 2.2902
H2 Avg (Jul–Dec) 2.2488

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1150 MVR (High: 2.2839 / Low: 2.1689). On the other end, September was the most stable month, with a tight range of 0.0302 MVR (High: 2.3115 / Low: 2.2813).

November Spread (Volatile) ±0.1150
September Spread (Stable) ±0.0302

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 0.0507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.3225) against the same month in 2015 (average: 2.2843), the exchange rate shifted by +0.0382 (+1.67%).

2016 Avg (May) 2.3225
2015 Avg (May) 2.2843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2426 2.2099 2.2291
February 2.3212 2.2203 2.2762
March 2.3317 2.2302 2.2795
April 2.3500 2.2999 2.3241
May 2.3710 2.2800 2.3225
June 2.3387 2.2427 2.3099
July 2.2874 2.2391 2.2592
August 2.3169 2.2516 2.2862
September 2.3115 2.2813 2.2967
October 2.3034 2.2302 2.2642
November 2.2839 2.1689 2.2160
December 2.2095 2.1396 2.1706