YEARLY HIGH
0.2115 SGD
YEARLY LOW
0.1999 SGD
YEARLY AVERAGE
0.2052 SGD

2016 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.2115. Conversely, the yearly low was recorded on July 9, dropping to 0.1999.

This high-to-low spread represents a total annual volatility of 0.0116 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2085 to the December average rate of 0.2036, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2115 was down 3.15% compared to the 2015 peak of 0.2183, 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 1,057 SGD
2015 Average 1,023 SGD
Yearly Trough Low 999 SGD
Transaction Impact: A difference of 58.01 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2099
0.2000
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 0.2068, compared to 0.2036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.2068
H2 Avg (Jul–Dec) 0.2036

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0062 SGD (High: 0.2074 / Low: 0.2012). On the other end, July was the most stable month, with a tight range of 0.0018 SGD (High: 0.2016 / Low: 0.1999).

June Spread (Volatile) ±0.0062
July Spread (Stable) ±0.0018

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 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2085) against the same month in 2015 (average: 0.2089), the exchange rate shifted by -0.0004 (-0.19%).

2016 Avg (January) 0.2085
2015 Avg (January) 0.2089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2115 0.2057 0.2085
February 0.2110 0.2053 0.2090
March 0.2063 0.2028 0.2049
April 0.2071 0.2043 0.2058
May 0.2099 0.2062 0.2081
June 0.2074 0.2012 0.2047
July 0.2016 0.1999 0.2008
August 0.2053 0.2007 0.2030
September 0.2058 0.2033 0.2046
October 0.2066 0.2034 0.2051
November 0.2070 0.2030 0.2047
December 0.2056 0.2019 0.2036