YEARLY HIGH
2.6896 TRY
YEARLY LOW
1.9849 TRY
YEARLY AVERAGE
2.3350 TRY

2022 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.6896. Conversely, the yearly low was recorded on January 3, dropping to 1.9849.

This high-to-low spread represents a total annual volatility of 0.7047 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0587 to the December average rate of 2.6559, the exchange rate registered a net change of 29.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6896 was up 6.73% compared to the 2021 peak of 2.5201, 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 13,448 TRY
2021 Average 7,046 TRY
Yearly Trough Low 9,925 TRY
Transaction Impact: A difference of 3,523.54 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.7156
1.9989
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 2.1783, compared to 2.4916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3133 points.

H1 Avg (Jan–Jun) 2.1783
H2 Avg (Jul–Dec) 2.4916

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.2762 TRY (High: 2.3731 / Low: 2.0969). On the other end, December was the most stable month, with a tight range of 0.0675 TRY (High: 2.6896 / Low: 2.6221).

May Spread (Volatile) ±0.2762
December Spread (Stable) ±0.0675

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0231 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.6559) against the same month in 2021 (average: 2.0458), the exchange rate shifted by +0.6101 (+29.82%).

2022 Avg (December) 2.6559
2021 Avg (December) 2.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1192 1.9849 2.0587
February 2.1145 2.0277 2.0797
March 2.1992 2.0792 2.1622
April 2.1819 2.0888 2.1391
May 2.3731 2.0969 2.2202
June 2.4771 2.3314 2.4099
July 2.4611 2.3304 2.3905
August 2.4909 2.4192 2.4519
September 2.4829 2.3812 2.4387
October 2.5256 2.4210 2.4567
November 2.6115 2.4396 2.5560
December 2.6896 2.6221 2.6559