YEARLY HIGH
2.5931 MVR
YEARLY LOW
2.3248 MVR
YEARLY AVERAGE
2.4473 MVR

2018 DKK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 2.5931. Conversely, the yearly low was recorded on November 12, dropping to 2.3248.

This high-to-low spread represents a total annual volatility of 0.2683 MVR. From a start-to-finish perspective, comparing the January average rate of 2.5241 to the December average rate of 2.3551, the exchange rate registered a net change of -6.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5931 was up 4.10% compared to the 2017 peak of 2.4910, 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 12,966 MVR
2017 Average 11,724 MVR
Yearly Trough Low 11,624 MVR
Transaction Impact: A difference of 1,341.74 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5801
2.3338
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 2.5108, compared to 2.3839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1268 points.

H1 Avg (Jan–Jun) 2.5108
H2 Avg (Jul–Dec) 2.3839

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1045 MVR (High: 2.5715 / Low: 2.4671). On the other end, December was the most stable month, with a tight range of 0.0348 MVR (High: 2.3743 / Low: 2.3395).

January Spread (Volatile) ±0.1045
December Spread (Stable) ±0.0348

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0817 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.5596) against the same month in 2017 (average: 2.2124), the exchange rate shifted by +0.3472 (+15.69%).

2018 Avg (February) 2.5596
2017 Avg (February) 2.2124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5715 2.4671 2.5241
February 2.5931 2.5311 2.5596
March 2.5857 2.5404 2.5580
April 2.5649 2.5055 2.5419
May 2.4888 2.4047 2.4602
June 2.4565 2.3900 2.4208
July 2.4490 2.4078 2.4203
August 2.4275 2.3532 2.3888
September 2.4317 2.3940 2.4089
October 2.3986 2.3434 2.3762
November 2.3730 2.3248 2.3543
December 2.3743 2.3395 2.3551