YEARLY HIGH
0.4182 XCD
YEARLY LOW
0.3777 XCD
YEARLY AVERAGE
0.4016 XCD

2016 DKK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.4182. Conversely, the yearly low was recorded on December 20, dropping to 0.3777.

This high-to-low spread represents a total annual volatility of 0.0405 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3933 to the December average rate of 0.3828, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4182 was down 4.43% compared to the 2015 peak of 0.4376, 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 2,091 XCD
2015 Average 2,010 XCD
Yearly Trough Low 1,889 XCD
Transaction Impact: A difference of 202.31 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4147
0.3799
JanuMarcMayJulySeptNove

DKK to XCD 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 0.4049, compared to 0.3982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.4049
H2 Avg (Jul–Dec) 0.3982

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0201 XCD (High: 0.4038 / Low: 0.3837). On the other end, September was the most stable month, with a tight range of 0.0045 XCD (High: 0.4085 / Low: 0.4040).

November Spread (Volatile) ±0.0201
September Spread (Stable) ±0.0045

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 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.4105) against the same month in 2015 (average: 0.4041), the exchange rate shifted by +0.0065 (+1.61%).

2016 Avg (May) 0.4105
2015 Avg (May) 0.4041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3960 0.3901 0.3933
February 0.4092 0.3937 0.4019
March 0.4120 0.3936 0.4034
April 0.4154 0.4080 0.4118
May 0.4182 0.4039 0.4105
June 0.4141 0.4009 0.4087
July 0.4053 0.3984 0.4020
August 0.4110 0.4023 0.4064
September 0.4085 0.4040 0.4062
October 0.4073 0.3946 0.4005
November 0.4038 0.3837 0.3915
December 0.3902 0.3777 0.3828