YEARLY HIGH
2.2801 ZAR
YEARLY LOW
1.8056 ZAR
YEARLY AVERAGE
2.0213 ZAR

2017 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.2801. Conversely, the yearly low was recorded on March 24, dropping to 1.8056.

This high-to-low spread represents a total annual volatility of 0.4745 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9419 to the December average rate of 2.0821, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2801 was down 7.38% compared to the 2016 peak of 2.4618, 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 11,401 ZAR
2016 Average 10,930 ZAR
Yearly Trough Low 9,028 ZAR
Transaction Impact: A difference of 2,372.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2605
1.8223
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 1.9232, compared to 2.1194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1961 points.

H1 Avg (Jan–Jun) 1.9232
H2 Avg (Jul–Dec) 2.1194

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.2363 ZAR (High: 2.1971 / Low: 1.9608). On the other end, January was the most stable month, with a tight range of 0.0471 ZAR (High: 1.9614 / Low: 1.9143).

December Spread (Volatile) ±0.2363
January Spread (Stable) ±0.0471

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1419 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.2240) against the same month in 2016 (average: 2.0271), the exchange rate shifted by +0.1970 (+9.72%).

2017 Avg (November) 2.2240
2016 Avg (November) 2.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9614 1.9143 1.9419
February 1.9495 1.8328 1.8860
March 1.9334 1.8056 1.8588
April 1.9854 1.8930 1.9350
May 2.0148 1.9265 1.9705
June 2.0132 1.9049 1.9473
July 2.0942 1.9991 2.0358
August 2.1446 2.0805 2.1042
September 2.1531 2.0526 2.1071
October 2.2375 2.1067 2.1629
November 2.2801 2.1759 2.2240
December 2.1971 1.9608 2.0821