YEARLY HIGH
2.4618 ZAR
YEARLY LOW
1.9319 ZAR
YEARLY AVERAGE
2.1866 ZAR

2016 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.4618. Conversely, the yearly low was recorded on December 29, dropping to 1.9319.

This high-to-low spread represents a total annual volatility of 0.5299 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.3713 to the December average rate of 1.9645, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4618 was up 5.21% compared to the 2015 peak of 2.3399, 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 12,309 ZAR
2015 Average 9,498 ZAR
Yearly Trough Low 9,660 ZAR
Transaction Impact: A difference of 2,649.43 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4120
1.9238
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 2.3077, compared to 2.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2422 points.

H1 Avg (Jan–Jun) 2.3077
H2 Avg (Jul–Dec) 2.0655

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.2085 ZAR (High: 2.4618 / Low: 2.2532). On the other end, December was the most stable month, with a tight range of 0.0850 ZAR (High: 2.0169 / Low: 1.9319).

January Spread (Volatile) ±0.2085
December Spread (Stable) ±0.0850

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1375 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.3713) against the same month in 2015 (average: 1.8071), the exchange rate shifted by +0.5642 (+31.22%).

2016 Avg (January) 2.3713
2015 Avg (January) 1.8071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4618 2.2532 2.3713
February 2.4232 2.2550 2.3513
March 2.3578 2.2474 2.2935
April 2.3288 2.1661 2.2263
May 2.3744 2.1859 2.3241
June 2.3507 2.2010 2.2797
July 2.1996 2.0873 2.1422
August 2.1962 2.0024 2.0735
September 2.1920 2.0338 2.1199
October 2.1221 1.9989 2.0659
November 2.0879 1.9669 2.0271
December 2.0169 1.9319 1.9645