YEARLY HIGH
2.4590 NAD
YEARLY LOW
1.9338 NAD
YEARLY AVERAGE
2.1863 NAD

2016 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.4590. Conversely, the yearly low was recorded on December 29, dropping to 1.9338.

This high-to-low spread represents a total annual volatility of 0.5252 NAD. From a start-to-finish perspective, comparing the January average rate of 2.3700 to the December average rate of 1.9652, the exchange rate registered a net change of -17.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4590 was up 5.26% compared to the 2015 peak of 2.3362, 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 12,295 NAD
2015 Average 9,498 NAD
Yearly Trough Low 9,669 NAD
Transaction Impact: A difference of 2,625.83 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4105
1.9248
JanuMarcMayJulySeptNove

DKK to NAD 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 2.3074, compared to 2.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2423 points.

H1 Avg (Jan–Jun) 2.3074
H2 Avg (Jul–Dec) 2.0652

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.2031 NAD (High: 2.4590 / Low: 2.2559). On the other end, December was the most stable month, with a tight range of 0.0767 NAD (High: 2.0106 / Low: 1.9338).

January Spread (Volatile) ±0.2031
December Spread (Stable) ±0.0767

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1376 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.3700) against the same month in 2015 (average: 1.8078), the exchange rate shifted by +0.5622 (+31.10%).

2016 Avg (January) 2.3700
2015 Avg (January) 1.8078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4590 2.2559 2.3700
February 2.4234 2.2541 2.3504
March 2.3619 2.2523 2.2946
April 2.3288 2.1645 2.2265
May 2.3730 2.1845 2.3239
June 2.3501 2.2019 2.2792
July 2.2029 2.0946 2.1416
August 2.1880 2.0007 2.0719
September 2.1958 2.0390 2.1177
October 2.1207 2.0012 2.0666
November 2.0880 1.9747 2.0280
December 2.0106 1.9338 1.9652