2019 DKK to TOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 DKK to TOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the DKK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3508. Conversely, the yearly low was recorded on April 1, dropping to 0.3312.
This high-to-low spread represents a total annual volatility of 0.0196 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3468 to the December average rate of 0.3420, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 0.3508 was down 6.36% compared to the 2018 peak of 0.3746, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3439, compared to 0.3430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 0.0149 TOP (High: 0.3462 / Low: 0.3312). On the other end, February was the most stable month, with a tight range of 0.0032 TOP (High: 0.3449 / Low: 0.3417).
Growth Streaks & Declines
TrendsBetween April and June, 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 June and July, when the average rate fell by 0.0039 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 0.3468) against the same month in 2018 (average: 0.3682), the exchange rate shifted by -0.0214 (-5.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3508 | 0.3430 | 0.3468 |
| February | 0.3449 | 0.3417 | 0.3434 |
| March | 0.3461 | 0.3399 | 0.3425 |
| April | 0.3462 | 0.3312 | 0.3414 |
| May | 0.3451 | 0.3414 | 0.3433 |
| June | 0.3494 | 0.3434 | 0.3461 |
| July | 0.3449 | 0.3389 | 0.3422 |
| August | 0.3472 | 0.3410 | 0.3449 |
| September | 0.3441 | 0.3366 | 0.3420 |
| October | 0.3484 | 0.3412 | 0.3442 |
| November | 0.3463 | 0.3389 | 0.3427 |
| December | 0.3444 | 0.3405 | 0.3420 |