2017 GBP to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GBP to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GBP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 8.9061. Conversely, the yearly low was recorded on August 27, dropping to 8.0323.
This high-to-low spread represents a total annual volatility of 0.8738 DKK. From a start-to-finish perspective, comparing the January average rate of 8.6357 to the December average rate of 8.4262, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.9061 was down 12.37% compared to the 2016 peak of 10.1629, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GBP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GBP to DKK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.6459, compared to 8.3371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3088 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 0.4064 DKK (High: 8.4871 / Low: 8.0807). On the other end, December was the most stable month, with a tight range of 0.1433 DKK (High: 8.5231 / Low: 8.3797).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 0.2337 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 8.7740) against the same month in 2016 (average: 9.3887), the exchange rate shifted by -0.6146 (-6.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7680 | 8.4221 | 8.6357 |
| February | 8.8174 | 8.6103 | 8.7189 |
| March | 8.7589 | 8.4633 | 8.5805 |
| April | 8.9061 | 8.6627 | 8.7740 |
| May | 8.8514 | 8.5204 | 8.6920 |
| June | 8.5656 | 8.4034 | 8.4745 |
| July | 8.4966 | 8.2774 | 8.3871 |
| August | 8.3155 | 8.0323 | 8.1534 |
| September | 8.4871 | 8.0807 | 8.3172 |
| October | 8.4877 | 8.2617 | 8.3605 |
| November | 8.4838 | 8.3031 | 8.3785 |
| December | 8.5231 | 8.3797 | 8.4262 |