YEARLY HIGH
0.6344 TRY
YEARLY LOW
0.4984 TRY
YEARLY AVERAGE
0.5538 TRY

2017 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.6344. Conversely, the yearly low was recorded on January 2, dropping to 0.4984.

This high-to-low spread represents a total annual volatility of 0.1359 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5352 to the December average rate of 0.6107, the exchange rate registered a net change of 14.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6344 was up 24.76% compared to the 2016 peak of 0.5085, 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 3,172 TRY
2016 Average 2,246 TRY
Yearly Trough Low 2,492 TRY
Transaction Impact: A difference of 679.65 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6234
0.5151
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 0.5292, compared to 0.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0493 points.

H1 Avg (Jan–Jun) 0.5292
H2 Avg (Jul–Dec) 0.5784

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0591 TRY (High: 0.5576 / Low: 0.4984). On the other end, April was the most stable month, with a tight range of 0.0135 TRY (High: 0.5321 / Low: 0.5186).

January Spread (Volatile) ±0.0591
April Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0111 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.6144) against the same month in 2016 (average: 0.4775), the exchange rate shifted by +0.1369 (+28.66%).

2017 Avg (November) 0.6144
2016 Avg (November) 0.4775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5576 0.4984 0.5352
February 0.5463 0.5082 0.5241
March 0.5380 0.5175 0.5282
April 0.5321 0.5186 0.5257
May 0.5411 0.5175 0.5303
June 0.5423 0.5261 0.5314
July 0.5594 0.5407 0.5516
August 0.5657 0.5510 0.5572
September 0.5657 0.5467 0.5558
October 0.5973 0.5625 0.5810
November 0.6344 0.5954 0.6144
December 0.6258 0.6058 0.6107