YEARLY HIGH
0.2284 NZD
YEARLY LOW
0.1982 NZD
YEARLY AVERAGE
0.2135 NZD

2016 DKK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.2284. Conversely, the yearly low was recorded on December 13, dropping to 0.1982.

This high-to-low spread represents a total annual volatility of 0.0302 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2226 to the December average rate of 0.2017, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2284 was down 5.09% compared to the 2015 peak of 0.2407, 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 1,142 NZD
2015 Average 1,067 NZD
Yearly Trough Low 991 NZD
Transaction Impact: A difference of 150.82 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2265
0.1995
JanuMarcMayJulySeptNove

DKK to NZD 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 0.2212, compared to 0.2058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.2212
H2 Avg (Jul–Dec) 0.2058

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0159 NZD (High: 0.2284 / Low: 0.2125). On the other end, August was the most stable month, with a tight range of 0.0035 NZD (High: 0.2096 / Low: 0.2061).

January Spread (Volatile) ±0.0159
August Spread (Stable) ±0.0035

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 May and June, when the average rate fell by 0.0089 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2226) against the same month in 2015 (average: 0.2047), the exchange rate shifted by +0.0178 (+8.71%).

2016 Avg (January) 0.2226
2015 Avg (January) 0.2047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2284 0.2125 0.2226
February 0.2277 0.2196 0.2242
March 0.2255 0.2159 0.2213
April 0.2255 0.2164 0.2212
May 0.2261 0.2202 0.2235
June 0.2209 0.2091 0.2146
July 0.2127 0.2033 0.2084
August 0.2096 0.2061 0.2084
September 0.2084 0.2024 0.2060
October 0.2106 0.2039 0.2071
November 0.2058 0.2005 0.2030
December 0.2045 0.1982 0.2017