YEARLY HIGH
2.4057 ZAR
YEARLY LOW
1.9066 ZAR
YEARLY AVERAGE
2.0937 ZAR

2018 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 2.4057. Conversely, the yearly low was recorded on February 24, dropping to 1.9066.

This high-to-low spread represents a total annual volatility of 0.4991 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.9972 to the December average rate of 2.1778, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4057 was up 5.51% compared to the 2017 peak of 2.2801, 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 12,029 ZAR
2017 Average 10,110 ZAR
Yearly Trough Low 9,533 ZAR
Transaction Impact: A difference of 2,495.57 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3358
1.9260
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 1.9975, compared to 2.1900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1925 points.

H1 Avg (Jan–Jun) 1.9975
H2 Avg (Jul–Dec) 2.1900

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2325 ZAR (High: 2.3005 / Low: 2.0680). On the other end, January was the most stable month, with a tight range of 0.0479 ZAR (High: 2.0258 / Low: 1.9779).

August Spread (Volatile) ±0.2325
January Spread (Stable) ±0.0479

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0929 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.3017) against the same month in 2017 (average: 2.1071), the exchange rate shifted by +0.1945 (+9.23%).

2018 Avg (September) 2.3017
2017 Avg (September) 2.1071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0258 1.9779 1.9972
February 2.0234 1.9066 1.9601
March 1.9911 1.9408 1.9611
April 2.0332 1.9497 1.9939
May 2.0399 1.9447 1.9887
June 2.1528 1.9762 2.0837
July 2.1622 2.0623 2.1002
August 2.3005 2.0680 2.1747
September 2.4057 2.1969 2.3017
October 2.2929 2.1886 2.2393
November 2.2035 2.0869 2.1463
December 2.2342 2.0845 2.1778