YEARLY HIGH
2.3031 ZAR
YEARLY LOW
2.0342 ZAR
YEARLY AVERAGE
2.1658 ZAR

2019 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 2.3031. Conversely, the yearly low was recorded on January 31, dropping to 2.0342.

This high-to-low spread represents a total annual volatility of 0.2690 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.1159 to the December average rate of 2.1402, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3031 was down 4.26% compared to the 2018 peak of 2.4057, 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 11,516 ZAR
2018 Average 10,472 ZAR
Yearly Trough Low 10,171 ZAR
Transaction Impact: A difference of 1,344.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2801
2.0836
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 2.1477, compared to 2.1839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0362 points.

H1 Avg (Jan–Jun) 2.1477
H2 Avg (Jul–Dec) 2.1839

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1762 ZAR (High: 2.2103 / Low: 2.0342). On the other end, April was the most stable month, with a tight range of 0.0585 ZAR (High: 2.1590 / Low: 2.1005).

January Spread (Volatile) ±0.1762
April Spread (Stable) ±0.0585

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0915 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.2637) against the same month in 2018 (average: 2.1747), the exchange rate shifted by +0.0891 (+4.10%).

2019 Avg (August) 2.2637
2018 Avg (August) 2.1747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2103 2.0342 2.1159
February 2.1452 2.0444 2.1000
March 2.2072 2.1472 2.1790
April 2.1590 2.1005 2.1280
May 2.2043 2.1313 2.1593
June 2.2705 2.1429 2.2039
July 2.1388 2.0720 2.1124
August 2.3031 2.1694 2.2637
September 2.2458 2.1610 2.1935
October 2.2561 2.1646 2.2050
November 2.2460 2.1608 2.1886
December 2.1951 2.0999 2.1402