YEARLY HIGH
1.5427 VEF
YEARLY LOW
0.9128 VEF
YEARLY AVERAGE
1.3481 VEF

2016 DKK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1.5427. Conversely, the yearly low was recorded on January 5, dropping to 0.9128.

This high-to-low spread represents a total annual volatility of 0.6299 VEF. From a start-to-finish perspective, comparing the January average rate of 0.9204 to the December average rate of 1.4153, the exchange rate registered a net change of 53.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.5427 was up 50.81% compared to the 2015 peak of 1.0230, 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 7,714 VEF
2015 Average 4,702 VEF
Yearly Trough Low 4,564 VEF
Transaction Impact: A difference of 3,149.64 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5793
0.8604
JanuMarcMayJulySeptNove

DKK to VEF 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 1.2244, compared to 1.4718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2474 points.

H1 Avg (Jan–Jun) 1.2244
H2 Avg (Jul–Dec) 1.4718

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0761 VEF (High: 1.4926 / Low: 1.4165). On the other end, January was the most stable month, with a tight range of 0.0138 VEF (High: 0.9266 / Low: 0.9128).

November Spread (Volatile) ±0.0761
January Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0327 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 1.5145) against the same month in 2015 (average: 0.9451), the exchange rate shifted by +0.5694 (+60.25%).

2016 Avg (May) 1.5145
2015 Avg (May) 0.9451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9266 0.9128 0.9204
February 0.9576 0.9208 0.9403
March 0.9618 0.9210 0.9445
April 1.5326 1.5050 1.5194
May 1.5427 1.4901 1.5145
June 1.5271 1.4788 1.5076
July 1.4980 1.4726 1.4853
August 1.5191 1.4875 1.5020
September 1.5099 1.4934 1.5016
October 1.5055 1.4584 1.4798
November 1.4926 1.4165 1.4471
December 1.4428 1.3970 1.4153