YEARLY HIGH
7.1366 DKK
YEARLY LOW
6.1822 DKK
YEARLY AVERAGE
6.5973 DKK

2017 GGP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GGP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 7.1366. Conversely, the yearly low was recorded on September 8, dropping to 6.1822.

This high-to-low spread represents a total annual volatility of 0.9544 DKK. From a start-to-finish perspective, comparing the January average rate of 6.9941 to the December average rate of 6.2858, the exchange rate registered a net change of -10.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.1366 was down 0.25% compared to the 2016 peak of 7.1546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GGP based on timing:

Yearly Peak High 35,683 DKK
2016 Average 33,651 DKK
Yearly Trough Low 30,911 DKK
Transaction Impact: A difference of 4,771.96 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.0689
6.1703
JanuMarcMayJulySeptNove

GGP to DKK 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 6.8709, compared to 6.3237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5472 points.

H1 Avg (Jan–Jun) 6.8709
H2 Avg (Jul–Dec) 6.3237

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.2634 DKK (High: 6.5548 / Low: 6.2914). On the other end, August was the most stable month, with a tight range of 0.1308 DKK (High: 6.3467 / Low: 6.2159).

July Spread (Volatile) ±0.2634
August Spread (Stable) ±0.1308

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.2147 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 6.9941) against the same month in 2016 (average: 6.8670), the exchange rate shifted by +0.1271 (+1.85%).

2017 Avg (January) 6.9941
2016 Avg (January) 6.8670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1366 6.8842 6.9941
February 7.0512 6.8974 6.9875
March 7.0748 6.8496 6.9527
April 7.0274 6.8092 6.9418
May 6.8475 6.6172 6.7271
June 6.6796 6.5003 6.6221
July 6.5548 6.2914 6.4472
August 6.3467 6.2159 6.2929
September 6.3346 6.1822 6.2452
October 6.4115 6.2741 6.3339
November 6.4199 6.2365 6.3371
December 6.3393 6.2035 6.2858