YEARLY HIGH
7.2987 PHP
YEARLY LOW
6.7795 PHP
YEARLY AVERAGE
7.0577 PHP

2016 DKK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 7.2987. Conversely, the yearly low was recorded on January 5, dropping to 6.7795.

This high-to-low spread represents a total annual volatility of 0.5192 PHP. From a start-to-finish perspective, comparing the January average rate of 6.9199 to the December average rate of 7.0537, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.2987 was up 0.69% compared to the 2015 peak of 7.2487, 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 36,494 PHP
2015 Average 33,872 PHP
Yearly Trough Low 33,898 PHP
Transaction Impact: A difference of 2,595.90 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.1961
6.8948
JanuMarcMayJulySeptNove

DKK to PHP 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 7.0264, compared to 7.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0626 points.

H1 Avg (Jan–Jun) 7.0264
H2 Avg (Jul–Dec) 7.0889

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.3176 PHP (High: 7.2951 / Low: 6.9776). On the other end, August was the most stable month, with a tight range of 0.1198 PHP (High: 7.0849 / Low: 6.9651).

May Spread (Volatile) ±0.3176
August Spread (Stable) ±0.1198

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1278 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 7.1710) against the same month in 2015 (average: 6.9691), the exchange rate shifted by +0.2019 (+2.90%).

2016 Avg (October) 7.1710
2015 Avg (October) 6.9691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9999 6.7795 6.9199
February 7.1943 6.9358 7.0849
March 7.0215 6.8857 6.9571
April 7.2235 6.9900 7.0617
May 7.2951 6.9776 7.1112
June 7.0959 6.9738 7.0236
July 7.0716 6.9477 6.9990
August 7.0849 6.9651 7.0175
September 7.2971 6.9871 7.1542
October 7.2987 7.0525 7.1710
November 7.2568 7.0689 7.1383
December 7.1782 6.9792 7.0537