YEARLY HIGH
86.5552 SYP
YEARLY LOW
77.4931 SYP
YEARLY AVERAGE
81.6269 SYP

2018 DKK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 86.5552. Conversely, the yearly low was recorded on November 12, dropping to 77.4931.

This high-to-low spread represents a total annual volatility of 9.0621 SYP. From a start-to-finish perspective, comparing the January average rate of 84.3994 to the December average rate of 78.4800, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 86.5552 was up 3.90% compared to the 2017 peak of 83.3075, 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 432,776 SYP
2017 Average 257,002 SYP
Yearly Trough Low 387,466 SYP
Transaction Impact: A difference of 45,310.66 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

86.0890
77.7598
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 83.7232, compared to 79.5305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1927 points.

H1 Avg (Jan–Jun) 83.7232
H2 Avg (Jul–Dec) 79.5305

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 3.4993 SYP (High: 86.0104 / Low: 82.5111). On the other end, July was the most stable month, with a tight range of 0.7572 SYP (High: 81.2272 / Low: 80.4700).

January Spread (Volatile) ±3.4993
July Spread (Stable) ±0.7572

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.1278 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 85.3949) against the same month in 2017 (average: 30.6772), the exchange rate shifted by +54.7177 (+178.37%).

2018 Avg (February) 85.3949
2017 Avg (February) 30.6772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 86.0104 82.5111 84.3994
February 86.5552 84.3125 85.3949
March 86.1886 84.6772 85.2694
April 85.6308 83.5138 84.8480
May 82.8846 79.8542 81.7203
June 81.5877 79.9049 80.7074
July 81.2272 80.4700 80.8007
August 80.8672 78.3499 79.7011
September 81.3218 79.7772 80.4447
October 80.0003 78.1137 79.3026
November 79.0482 77.4931 78.4539
December 79.1473 77.9787 78.4800