YEARLY HIGH
1.3006 NOK
YEARLY LOW
1.2009 NOK
YEARLY AVERAGE
1.2483 NOK

2016 DKK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.3006. Conversely, the yearly low was recorded on October 19, dropping to 1.2009.

This high-to-low spread represents a total annual volatility of 0.0997 NOK. From a start-to-finish perspective, comparing the January average rate of 1.2831 to the December average rate of 1.2146, the exchange rate registered a net change of -5.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.3006 was up 1.01% compared to the 2015 peak of 1.2877, 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 6,503 NOK
2015 Average 5,998 NOK
Yearly Trough Low 6,005 NOK
Transaction Impact: A difference of 498.47 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2903
1.2035
JanuMarcMayJulySeptNove

DKK to NOK 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 1.2645, compared to 1.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0324 points.

H1 Avg (Jan–Jun) 1.2645
H2 Avg (Jul–Dec) 1.2322

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0468 NOK (High: 1.2527 / Low: 1.2059). On the other end, November was the most stable month, with a tight range of 0.0112 NOK (High: 1.2255 / Low: 1.2143).

September Spread (Volatile) ±0.0468
November Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0257 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.2831) against the same month in 2015 (average: 1.1986), the exchange rate shifted by +0.0845 (+7.05%).

2016 Avg (January) 1.2831
2015 Avg (January) 1.1986

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3006 1.2604 1.2831
February 1.2974 1.2662 1.2803
March 1.2749 1.2516 1.2644
April 1.2744 1.2350 1.2534
May 1.2591 1.2403 1.2510
June 1.2678 1.2410 1.2550
July 1.2732 1.2438 1.2597
August 1.2738 1.2322 1.2504
September 1.2527 1.2059 1.2364
October 1.2199 1.2009 1.2107
November 1.2255 1.2143 1.2211
December 1.2249 1.2039 1.2146