YEARLY HIGH
1.0633 TRY
YEARLY LOW
0.6018 TRY
YEARLY AVERAGE
0.7636 TRY

2018 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.0633. Conversely, the yearly low was recorded on January 8, dropping to 0.6018.

This high-to-low spread represents a total annual volatility of 0.4614 TRY. From a start-to-finish perspective, comparing the January average rate of 0.6180 to the December average rate of 0.8093, the exchange rate registered a net change of 30.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0633 was up 67.61% compared to the 2017 peak of 0.6344, 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 5,316 TRY
2017 Average 2,770 TRY
Yearly Trough Low 3,009 TRY
Transaction Impact: A difference of 2,307.20 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0230
0.5812
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 0.6646, compared to 0.8625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1979 points.

H1 Avg (Jan–Jun) 0.6646
H2 Avg (Jul–Dec) 0.8625

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2833 TRY (High: 1.0633 / Low: 0.7800). On the other end, February was the most stable month, with a tight range of 0.0102 TRY (High: 0.6328 / Low: 0.6226).

August Spread (Volatile) ±0.2833
February Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0907 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.9189) against the same month in 2017 (average: 0.5572), the exchange rate shifted by +0.3616 (+64.90%).

2018 Avg (August) 0.9189
2017 Avg (August) 0.5572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6304 0.6018 0.6180
February 0.6328 0.6226 0.6277
March 0.6638 0.6276 0.6446
April 0.6882 0.6534 0.6694
May 0.7487 0.6613 0.7026
June 0.7386 0.7065 0.7255
July 0.7717 0.7202 0.7486
August 1.0633 0.7800 0.9189
September 1.0355 0.9378 0.9862
October 0.9554 0.8320 0.8955
November 0.8444 0.7893 0.8167
December 0.8190 0.7899 0.8093