YEARLY HIGH
0.3099 DKK
YEARLY LOW
0.2861 DKK
YEARLY AVERAGE
0.2956 DKK

2016 HNL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3099. Conversely, the yearly low was recorded on May 2, dropping to 0.2861.

This high-to-low spread represents a total annual volatility of 0.0238 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3061 to the December average rate of 0.3026, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3099 was down 6.74% compared to the 2015 peak of 0.3323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,550 DKK
2015 Average 1,550 DKK
Yearly Trough Low 1,430 DKK
Transaction Impact: A difference of 119.05 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3077
0.2891
JanuMarcMayJulySeptNove

HNL 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 0.2957, compared to 0.2956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2957
H2 Avg (Jul–Dec) 0.2956

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0134 DKK (High: 0.3045 / Low: 0.2912). On the other end, September was the most stable month, with a tight range of 0.0035 DKK (High: 0.2925 / Low: 0.2890).

November Spread (Volatile) ±0.0134
September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0084 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3061) against the same month in 2015 (average: 0.3040), the exchange rate shifted by +0.0022 (+0.72%).

2016 Avg (January) 0.3061
2015 Avg (January) 0.3040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3099 0.3037 0.3061
February 0.3052 0.2924 0.2978
March 0.3032 0.2902 0.2962
April 0.2937 0.2884 0.2908
May 0.2960 0.2861 0.2915
June 0.2970 0.2877 0.2915
July 0.2971 0.2927 0.2951
August 0.2933 0.2875 0.2906
September 0.2925 0.2890 0.2908
October 0.2999 0.2892 0.2950
November 0.3045 0.2912 0.2994
December 0.3056 0.2983 0.3026