2013 GIP to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GIP to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GIP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 9.3054. Conversely, the yearly low was recorded on July 31, dropping to 8.5257.
This high-to-low spread represents a total annual volatility of 0.7796 DKK. From a start-to-finish perspective, comparing the January average rate of 8.9666 to the December average rate of 8.9168, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 9.3054 was down 4.07% compared to the 2012 peak of 9.7000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GIP 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 8.8830, compared to 8.8009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was April, with a trading range of 0.5933 DKK (High: 9.2834 / Low: 8.6900). On the other end, June was the most stable month, with a tight range of 0.1120 DKK (High: 8.7958 / Low: 8.6839).
Growth Streaks & Declines
TrendsBetween July and September, 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 March and April, when the average rate fell by 0.4120 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2013: 9.1917) against the same month in 2012 (average: 8.9096), the exchange rate shifted by +0.2821 (+3.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.1376 | 8.7518 | 8.9666 |
| February | 9.1095 | 8.6594 | 8.8218 |
| March | 9.3054 | 9.1017 | 9.1917 |
| April | 9.2834 | 8.6900 | 8.7798 |
| May | 8.8518 | 8.7072 | 8.7842 |
| June | 8.7958 | 8.6839 | 8.7536 |
| July | 8.7587 | 8.5257 | 8.6483 |
| August | 8.7526 | 8.5302 | 8.6797 |
| September | 8.9214 | 8.7583 | 8.8601 |
| October | 8.9194 | 8.6980 | 8.7968 |
| November | 8.9847 | 8.7726 | 8.9037 |
| December | 9.0043 | 8.8162 | 8.9168 |