YEARLY HIGH
0.2360 SGD
YEARLY LOW
0.2154 SGD
YEARLY AVERAGE
0.2258 SGD

2014 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.2360. Conversely, the yearly low was recorded on October 5, dropping to 0.2154.

This high-to-low spread represents a total annual volatility of 0.0206 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2323 to the December average rate of 0.2178, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2360 was up 0.74% compared to the 2013 peak of 0.2343, 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 1,180 SGD
2013 Average 1,114 SGD
Yearly Trough Low 1,077 SGD
Transaction Impact: A difference of 103.06 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2365
0.2153
JanuMarcMayJulySeptNove

DKK to SGD 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 0.2316, compared to 0.2199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.2316
H2 Avg (Jul–Dec) 0.2199

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0050 SGD (High: 0.2285 / Low: 0.2235). On the other end, April was the most stable month, with a tight range of 0.0021 SGD (High: 0.2331 / Low: 0.2311).

July Spread (Volatile) ±0.0050
April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2347) against the same month in 2013 (average: 0.2167), the exchange rate shifted by +0.0181 (+8.35%).

2014 Avg (March) 0.2347
2013 Avg (March) 0.2167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2345 0.2309 0.2323
February 0.2340 0.2300 0.2318
March 0.2360 0.2319 0.2347
April 0.2331 0.2311 0.2321
May 0.2329 0.2287 0.2303
June 0.2293 0.2267 0.2281
July 0.2285 0.2235 0.2258
August 0.2252 0.2202 0.2230
September 0.2209 0.2166 0.2188
October 0.2189 0.2154 0.2170
November 0.2197 0.2156 0.2172
December 0.2200 0.2155 0.2178