2018 GBP to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GBP to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GBP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 8.6246. Conversely, the yearly low was recorded on August 28, dropping to 8.2064.
This high-to-low spread represents a total annual volatility of 0.4182 DKK. From a start-to-finish perspective, comparing the January average rate of 8.4330 to the December average rate of 8.3136, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.6246 was down 3.16% compared to the 2017 peak of 8.9061, 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 2018.
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 8.4663, compared to 8.3832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.2153 DKK (High: 8.5859 / Low: 8.3706). On the other end, February was the most stable month, with a tight range of 0.1158 DKK (High: 8.4887 / Low: 8.3729).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1545 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 8.5339) against the same month in 2017 (average: 8.7740), the exchange rate shifted by -0.2401 (-2.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5435 | 8.3621 | 8.4330 |
| February | 8.4887 | 8.3729 | 8.4247 |
| March | 8.5321 | 8.3399 | 8.4373 |
| April | 8.6246 | 8.4625 | 8.5339 |
| May | 8.5486 | 8.4250 | 8.4858 |
| June | 8.5405 | 8.4210 | 8.4832 |
| July | 8.4532 | 8.3270 | 8.3982 |
| August | 8.3861 | 8.2064 | 8.3161 |
| September | 8.4118 | 8.2593 | 8.3491 |
| October | 8.5412 | 8.3574 | 8.4541 |
| November | 8.5859 | 8.3706 | 8.4681 |
| December | 8.4086 | 8.2359 | 8.3136 |