YEARLY HIGH
2.4910 MVR
YEARLY LOW
2.1373 MVR
YEARLY AVERAGE
2.3441 MVR

2017 DKK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.4910. Conversely, the yearly low was recorded on January 3, dropping to 2.1373.

This high-to-low spread represents a total annual volatility of 0.3537 MVR. From a start-to-finish perspective, comparing the January average rate of 2.1977 to the December average rate of 2.4508, the exchange rate registered a net change of 11.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4910 was up 5.06% compared to the 2016 peak of 2.3710, 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 12,455 MVR
2016 Average 11,346 MVR
Yearly Trough Low 10,687 MVR
Transaction Impact: A difference of 1,768.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4954
2.1706
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 2.2524, compared to 2.4357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1833 points.

H1 Avg (Jan–Jun) 2.2524
H2 Avg (Jul–Dec) 2.4357

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2498 MVR (High: 2.4856 / Low: 2.2358). On the other end, February was the most stable month, with a tight range of 0.0525 MVR (High: 2.2436 / Low: 2.1911).

August Spread (Volatile) ±0.2498
February Spread (Stable) ±0.0525

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0360 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.4683) against the same month in 2016 (average: 2.2967), the exchange rate shifted by +0.1716 (+7.47%).

2017 Avg (September) 2.4683
2016 Avg (September) 2.2967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2385 2.1373 2.1977
February 2.2436 2.1911 2.2124
March 2.2571 2.1980 2.2293
April 2.2617 2.1961 2.2243
May 2.3574 2.2422 2.3005
June 2.3846 2.3205 2.3502
July 2.4558 2.3647 2.4016
August 2.4856 2.2358 2.4375
September 2.4910 2.4311 2.4683
October 2.4546 2.4020 2.4323
November 2.4549 2.3925 2.4238
December 2.4825 2.4293 2.4508