YEARLY HIGH
2.0618 ZAR
YEARLY LOW
1.8223 ZAR
YEARLY AVERAGE
1.9315 ZAR

2014 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 2.0618. Conversely, the yearly low was recorded on November 23, dropping to 1.8223.

This high-to-low spread represents a total annual volatility of 0.2395 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9813 to the December average rate of 1.9023, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0618 was up 6.06% compared to the 2013 peak of 1.9440, 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 10,309 ZAR
2013 Average 8,596 ZAR
Yearly Trough Low 9,112 ZAR
Transaction Impact: A difference of 1,197.47 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0222
1.8438
JanuMarcMayJulySeptNove

DKK to ZAR 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 1.9648, compared to 1.8982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0666 points.

H1 Avg (Jan–Jun) 1.9648
H2 Avg (Jul–Dec) 1.8982

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1243 ZAR (High: 2.0618 / Low: 1.9375). On the other end, June was the most stable month, with a tight range of 0.0344 ZAR (High: 1.9649 / Low: 1.9305).

January Spread (Volatile) ±0.1243
June Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0397 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.9813) against the same month in 2013 (average: 1.5640), the exchange rate shifted by +0.4173 (+26.68%).

2014 Avg (January) 1.9813
2013 Avg (January) 1.5640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0618 1.9375 1.9813
February 2.0368 1.9695 2.0074
March 2.0133 1.9451 1.9904
April 1.9770 1.9276 1.9507
May 1.9570 1.8831 1.9145
June 1.9649 1.9305 1.9446
July 1.9672 1.8943 1.9363
August 1.9281 1.8801 1.9044
September 1.9261 1.8606 1.9017
October 1.9112 1.8446 1.8860
November 1.8853 1.8223 1.8587
December 1.9565 1.8444 1.9023