YEARLY HIGH
5.5152 NAD
YEARLY LOW
2.0412 NAD
YEARLY AVERAGE
2.1741 NAD

2019 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 5.5152. Conversely, the yearly low was recorded on February 3, dropping to 2.0412.

This high-to-low spread represents a total annual volatility of 3.4740 NAD. From a start-to-finish perspective, comparing the January average rate of 2.1239 to the December average rate of 2.1433, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 5.5152 was up 133.38% compared to the 2018 peak of 2.3632, 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 27,576 NAD
2018 Average 10,457 NAD
Yearly Trough Low 10,206 NAD
Transaction Impact: A difference of 17,370.15 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2844
2.0790
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 2.1665, compared to 2.1816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 2.1665
H2 Avg (Jul–Dec) 2.1816

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 3.3896 NAD (High: 5.5152 / Low: 2.1256). On the other end, July was the most stable month, with a tight range of 0.0693 NAD (High: 2.1415 / Low: 2.0722).

May Spread (Volatile) ±3.3896
July Spread (Stable) ±0.0693

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 June and July, when the average rate fell by 0.0991 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 2.2673) against the same month in 2018 (average: 1.9861), the exchange rate shifted by +0.2813 (+14.16%).

2019 Avg (May) 2.2673
2018 Avg (May) 1.9861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2024 2.0454 2.1239
February 2.1399 2.0412 2.0961
March 2.2099 2.1157 2.1751
April 2.2023 2.1117 2.1316
May 5.5152 2.1256 2.2673
June 2.2784 2.1514 2.2052
July 2.1415 2.0722 2.1061
August 2.3204 2.1085 2.2544
September 2.2410 2.1602 2.1911
October 2.2416 2.1628 2.2065
November 2.2591 2.1550 2.1884
December 2.2019 2.0996 2.1433