2014 PEN to DKK Historical Review

YEARLY HIGH

2.0630 DKK

YEARLY LOW

1.9076 DKK

YEARLY AVERAGE

1.9788 DKK

2014 PEN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.0630. Conversely, the yearly low was recorded on March 18, dropping to 1.9076.

This high-to-low spread represents a total annual volatility of 0.1554 DKK. From a start-to-finish perspective, comparing the January average rate of 1.9495 to the December average rate of 2.0401, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0630 was down 8.30% compared to the 2013 peak of 2.2498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,315 DKK

2013 Average 10,408 DKK

Yearly Trough Low 9,538 DKK

Transaction Impact: A difference of 776.96 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0518

1.9120

JanuMarcMayJulySeptNove

PEN 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 1.9437, compared to 2.0138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0701 points.

H1 Avg (Jan–Jun) 1.9437

H2 Avg (Jul–Dec) 2.0138

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0679 DKK (High: 1.9802 / Low: 1.9122). On the other end, August was the most stable month, with a tight range of 0.0166 DKK (High: 1.9985 / Low: 1.9819).

May Spread (Volatile) ±0.0679

August Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0180 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.0401) against the same month in 2013 (average: 1.9542), the exchange rate shifted by +0.0859 (+4.40%).

2014 Avg (December) 2.0401

2013 Avg (December) 1.9542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9613	1.9325	1.9495
February	1.9575	1.9324	1.9417
March	1.9399	1.9076	1.9237
April	1.9493	1.9184	1.9365
May	1.9802	1.9122	1.9479
June	1.9816	1.9486	1.9631
July	1.9942	1.9493	1.9762
August	1.9985	1.9819	1.9892
September	2.0366	1.9874	2.0154
October	2.0463	2.0053	2.0221
November	2.0602	2.0212	2.0398
December	2.0630	2.0050	2.0401