YEARLY HIGH
0.9257 TRY
YEARLY LOW
0.7945 TRY
YEARLY AVERAGE
0.8517 TRY

2019 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.9257. Conversely, the yearly low was recorded on January 31, dropping to 0.7945.

This high-to-low spread represents a total annual volatility of 0.1312 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8198 to the December average rate of 0.8712, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9257 was down 12.94% compared to the 2018 peak of 1.0633, 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 4,628 TRY
2018 Average 3,821 TRY
Yearly Trough Low 3,972 TRY
Transaction Impact: A difference of 656.05 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9151
0.7919
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 0.8509, compared to 0.8524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.8509
H2 Avg (Jul–Dec) 0.8524

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0683 TRY (High: 0.8962 / Low: 0.8279). On the other end, November was the most stable month, with a tight range of 0.0115 TRY (High: 0.8541 / Low: 0.8425).

April Spread (Volatile) ±0.0683
November Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0281 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.9048) against the same month in 2018 (average: 0.7026), the exchange rate shifted by +0.2023 (+28.79%).

2019 Avg (May) 0.9048
2018 Avg (May) 0.7026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8475 0.7945 0.8198
February 0.8144 0.7948 0.8022
March 0.8727 0.8103 0.8303
April 0.8962 0.8279 0.8689
May 0.9257 0.8734 0.9048
June 0.8876 0.8603 0.8797
July 0.8648 0.8272 0.8517
August 0.8710 0.8223 0.8423
September 0.8604 0.8248 0.8423
October 0.8754 0.8365 0.8579
November 0.8541 0.8425 0.8490
December 0.8928 0.8479 0.8712