YEARLY HIGH
2.3924 MVR
YEARLY LOW
2.2481 MVR
YEARLY AVERAGE
2.3160 MVR

2019 DKK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.3924. Conversely, the yearly low was recorded on September 30, dropping to 2.2481.

This high-to-low spread represents a total annual volatility of 0.1443 MVR. From a start-to-finish perspective, comparing the January average rate of 2.3683 to the December average rate of 2.2967, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3924 was down 7.74% compared to the 2018 peak of 2.5931, 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 11,962 MVR
2018 Average 12,233 MVR
Yearly Trough Low 11,241 MVR
Transaction Impact: A difference of 721.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3778
2.2637
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 2.3385, compared to 2.2935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0450 points.

H1 Avg (Jan–Jun) 2.3385
H2 Avg (Jul–Dec) 2.2935

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0571 MVR (High: 2.3752 / Low: 2.3182). On the other end, May was the most stable month, with a tight range of 0.0193 MVR (High: 2.3202 / Low: 2.3009).

March Spread (Volatile) ±0.0571
May Spread (Stable) ±0.0193

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0330 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.3683) against the same month in 2018 (average: 2.5241), the exchange rate shifted by -0.1558 (-6.17%).

2019 Avg (January) 2.3683
2018 Avg (January) 2.5241

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3924 2.3407 2.3683
February 2.3786 2.3326 2.3514
March 2.3752 2.3182 2.3404
April 2.3362 2.2994 2.3216
May 2.3202 2.3009 2.3101
June 2.3636 2.3182 2.3394
July 2.3447 2.2891 2.3199
August 2.3294 2.2775 2.3062
September 2.2858 2.2481 2.2732
October 2.3078 2.2553 2.2830
November 2.3090 2.2693 2.2820
December 2.3187 2.2724 2.2967