2014 DKK to TOP Historical Review

YEARLY HIGH

0.3472 TOP

YEARLY LOW

0.3206 TOP

YEARLY AVERAGE

0.3361 TOP

2014 DKK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DKK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.3472. Conversely, the yearly low was recorded on December 29, dropping to 0.3206.

This high-to-low spread represents a total annual volatility of 0.0266 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3400 to the December average rate of 0.3249, the exchange rate registered a net change of -4.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3472 was up 1.10% compared to the 2013 peak of 0.3434, 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 1,736 TOP

2013 Average 1,596 TOP

Yearly Trough Low 1,603 TOP

Transaction Impact: A difference of 132.94 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3457

0.3230

JanuMarcMayJulySeptNove

DKK to TOP 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 0.3408, compared to 0.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.3408

H2 Avg (Jul–Dec) 0.3314

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0116 TOP (High: 0.3335 / Low: 0.3218). On the other end, February was the most stable month, with a tight range of 0.0050 TOP (High: 0.3443 / Low: 0.3393).

September Spread (Volatile) ±0.0116

February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.3438) against the same month in 2013 (average: 0.3039), the exchange rate shifted by +0.0399 (+13.14%).

2014 Avg (March) 0.3438

2013 Avg (March) 0.3039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3434	0.3371	0.3400
February	0.3443	0.3393	0.3423
March	0.3472	0.3371	0.3438
April	0.3453	0.3346	0.3388
May	0.3452	0.3374	0.3410
June	0.3420	0.3365	0.3388
July	0.3379	0.3285	0.3346
August	0.3381	0.3267	0.3319
September	0.3335	0.3218	0.3299
October	0.3396	0.3282	0.3338
November	0.3364	0.3277	0.3334
December	0.3309	0.3206	0.3249