YEARLY HIGH
0.2180 SGD
YEARLY LOW
0.1991 SGD
YEARLY AVERAGE
0.2095 SGD

2017 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.2180. Conversely, the yearly low was recorded on April 16, dropping to 0.1991.

This high-to-low spread represents a total annual volatility of 0.0189 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2044 to the December average rate of 0.2142, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2180 was up 3.09% compared to the 2016 peak of 0.2115, 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 1,090 SGD
2016 Average 1,026 SGD
Yearly Trough Low 996 SGD
Transaction Impact: A difference of 94.42 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2177
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 0.2045, compared to 0.2146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2045
H2 Avg (Jul–Dec) 0.2146

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0057 SGD (High: 0.2048 / Low: 0.1991). On the other end, September was the most stable month, with a tight range of 0.0025 SGD (High: 0.2171 / Low: 0.2146).

April Spread (Volatile) ±0.0057
September Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2162) against the same month in 2016 (average: 0.2030), the exchange rate shifted by +0.0133 (+6.54%).

2017 Avg (August) 0.2162
2016 Avg (August) 0.2030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2059 0.2030 0.2044
February 0.2046 0.1995 0.2024
March 0.2037 0.1996 0.2021
April 0.2048 0.1991 0.2015
May 0.2093 0.2046 0.2073
June 0.2121 0.2074 0.2090
July 0.2155 0.2106 0.2126
August 0.2180 0.2153 0.2162
September 0.2171 0.2146 0.2162
October 0.2160 0.2130 0.2147
November 0.2160 0.2122 0.2140
December 0.2156 0.2128 0.2142