YEARLY HIGH
0.5085 TRY
YEARLY LOW
0.4245 TRY
YEARLY AVERAGE
0.4491 TRY

2016 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.5085. Conversely, the yearly low was recorded on January 2, dropping to 0.4245.

This high-to-low spread represents a total annual volatility of 0.0840 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4371 to the December average rate of 0.4964, the exchange rate registered a net change of 13.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5085 was up 9.69% compared to the 2015 peak of 0.4636, 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 2,542 TRY
2015 Average 2,026 TRY
Yearly Trough Low 2,123 TRY
Transaction Impact: A difference of 419.79 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5030
0.4237
JanuMarcMayJulySeptNove

DKK to TRY 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 0.4375, compared to 0.4606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.4375
H2 Avg (Jul–Dec) 0.4606

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0301 TRY (High: 0.4919 / Low: 0.4618). On the other end, March was the most stable month, with a tight range of 0.0066 TRY (High: 0.4337 / Low: 0.4271).

November Spread (Volatile) ±0.0301
March Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0078 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4964) against the same month in 2015 (average: 0.4266), the exchange rate shifted by +0.0698 (+16.35%).

2016 Avg (December) 0.4964
2015 Avg (December) 0.4266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4459 0.4245 0.4371
February 0.4442 0.4299 0.4382
March 0.4337 0.4271 0.4303
April 0.4370 0.4281 0.4320
May 0.4529 0.4304 0.4469
June 0.4449 0.4302 0.4407
July 0.4551 0.4295 0.4419
August 0.4514 0.4424 0.4457
September 0.4524 0.4416 0.4466
October 0.4596 0.4497 0.4556
November 0.4919 0.4618 0.4775
December 0.5085 0.4917 0.4964