YEARLY HIGH
1.5912 DKK
YEARLY LOW
1.4566 DKK
YEARLY AVERAGE
1.5337 DKK

2017 MYR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 1.5912. Conversely, the yearly low was recorded on August 29, dropping to 1.4566.

This high-to-low spread represents a total annual volatility of 0.1346 DKK. From a start-to-finish perspective, comparing the January average rate of 1.5685 to the December average rate of 1.5416, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5912 was down 6.62% compared to the 2016 peak of 1.7041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 31,824 DKK
2016 Average 32,510 DKK
Yearly Trough Low 29,131 DKK
Transaction Impact: A difference of 2,692.34 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5869
1.4583
JanuMarcMayJulySeptNove

MYR 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 1.5651, compared to 1.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0628 points.

H1 Avg (Jan–Jun) 1.5651
H2 Avg (Jul–Dec) 1.5022

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0558 DKK (High: 1.5252 / Low: 1.4694). On the other end, August was the most stable month, with a tight range of 0.0207 DKK (High: 1.4772 / Low: 1.4566).

July Spread (Volatile) ±0.0558
August Spread (Stable) ±0.0207

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 June and July, when the average rate fell by 0.0452 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.5762) against the same month in 2016 (average: 1.6832), the exchange rate shifted by -0.1070 (-6.36%).

2017 Avg (April) 1.5762
2016 Avg (April) 1.6832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5886 1.5541 1.5685
February 1.5866 1.5577 1.5729
March 1.5909 1.5503 1.5664
April 1.5912 1.5549 1.5762
May 1.5810 1.5364 1.5582
June 1.5627 1.5136 1.5481
July 1.5252 1.4694 1.5029
August 1.4772 1.4566 1.4690
September 1.5006 1.4642 1.4821
October 1.5130 1.4876 1.4978
November 1.5351 1.5056 1.5201
December 1.5540 1.5274 1.5416