YEARLY HIGH
0.4674 DKK
YEARLY LOW
0.4218 DKK
YEARLY AVERAGE
0.4408 DKK

2016 MVR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4674. Conversely, the yearly low was recorded on May 4, dropping to 0.4218.

This high-to-low spread represents a total annual volatility of 0.0456 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4486 to the December average rate of 0.4607, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4674 was up 0.34% compared to the 2015 peak of 0.4658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,337 DKK
2015 Average 2,199 DKK
Yearly Trough Low 2,109 DKK
Transaction Impact: A difference of 228.06 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4638
0.4273
JanuMarcMayJulySeptNove

MVR 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 0.4368, compared to 0.4449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.4368
H2 Avg (Jul–Dec) 0.4449

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0232 DKK (High: 0.4611 / Low: 0.4379). On the other end, September was the most stable month, with a tight range of 0.0057 DKK (High: 0.4383 / Low: 0.4326).

November Spread (Volatile) ±0.0232
September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4607) against the same month in 2015 (average: 0.4470), the exchange rate shifted by +0.0137 (+3.06%).

2016 Avg (December) 0.4607
2015 Avg (December) 0.4470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4525 0.4459 0.4486
February 0.4504 0.4308 0.4394
March 0.4484 0.4289 0.4388
April 0.4348 0.4255 0.4303
May 0.4386 0.4218 0.4306
June 0.4459 0.4276 0.4330
July 0.4466 0.4372 0.4427
August 0.4441 0.4316 0.4374
September 0.4383 0.4326 0.4354
October 0.4484 0.4341 0.4417
November 0.4611 0.4379 0.4514
December 0.4674 0.4526 0.4607