YEARLY HIGH
2.2884 NAD
YEARLY LOW
1.8046 NAD
YEARLY AVERAGE
2.0214 NAD

2017 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.2884. Conversely, the yearly low was recorded on March 24, dropping to 1.8046.

This high-to-low spread represents a total annual volatility of 0.4837 NAD. From a start-to-finish perspective, comparing the January average rate of 1.9361 to the December average rate of 2.0895, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2884 was down 6.94% compared to the 2016 peak of 2.4590, 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 11,442 NAD
2016 Average 10,928 NAD
Yearly Trough Low 9,023 NAD
Transaction Impact: A difference of 2,418.64 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2602
1.8199
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 1.9231, compared to 2.1196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1965 points.

H1 Avg (Jan–Jun) 1.9231
H2 Avg (Jul–Dec) 2.1196

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2278 NAD (High: 2.1965 / Low: 1.9687). On the other end, January was the most stable month, with a tight range of 0.0420 NAD (High: 1.9548 / Low: 1.9129).

December Spread (Volatile) ±0.2278
January Spread (Stable) ±0.0420

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.1340 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.2235) against the same month in 2016 (average: 2.0280), the exchange rate shifted by +0.1955 (+9.64%).

2017 Avg (November) 2.2235
2016 Avg (November) 2.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9548 1.9129 1.9361
February 1.9457 1.8376 1.8901
March 1.9210 1.8046 1.8566
April 1.9878 1.8885 1.9402
May 1.9996 1.9354 1.9699
June 2.0047 1.9120 1.9456
July 2.0813 1.9969 2.0344
August 2.1331 2.0774 2.1024
September 2.1570 2.0711 2.1066
October 2.2160 2.1130 2.1613
November 2.2884 2.1744 2.2235
December 2.1965 1.9687 2.0895