YEARLY HIGH
33.9675 SYP
YEARLY LOW
29.8129 SYP
YEARLY AVERAGE
32.2667 SYP

2016 DKK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 33.9675. Conversely, the yearly low was recorded on December 20, dropping to 29.8129.

This high-to-low spread represents a total annual volatility of 4.1546 SYP. From a start-to-finish perspective, comparing the January average rate of 32.0389 to the December average rate of 30.2601, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.9675 was up 4.39% compared to the 2015 peak of 32.5382, 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 169,837 SYP
2015 Average 144,773 SYP
Yearly Trough Low 149,064 SYP
Transaction Impact: A difference of 20,772.97 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.7657
29.9415
JanuMarcMayJulySeptNove

DKK to SYP 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 32.9069, compared to 31.6265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2803 points.

H1 Avg (Jan–Jun) 32.9069
H2 Avg (Jul–Dec) 31.6265

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.6545 SYP (High: 31.9990 / Low: 30.3444). On the other end, September was the most stable month, with a tight range of 0.3887 SYP (High: 32.4384 / Low: 32.0497).

November Spread (Volatile) ±1.6545
September Spread (Stable) ±0.3887

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.9671 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 33.3282) against the same month in 2015 (average: 28.2558), the exchange rate shifted by +5.0723 (+17.95%).

2016 Avg (May) 33.3282
2015 Avg (May) 28.2558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2562 31.7980 32.0389
February 33.2934 32.0511 32.7073
March 33.4984 32.0358 32.8171
April 33.7411 33.1281 33.4470
May 33.9675 32.7638 33.3282
June 33.5718 32.3171 33.1027
July 32.4373 31.8413 32.1356
August 32.7210 32.0697 32.3589
September 32.4384 32.0497 32.2433
October 32.2942 31.2827 31.7414
November 31.9990 30.3444 31.0197
December 30.9043 29.8129 30.2601