YEARLY HIGH
2.1235 DKK
YEARLY LOW
1.8813 DKK
YEARLY AVERAGE
1.9945 DKK

2016 PEN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.1235. Conversely, the yearly low was recorded on February 11, dropping to 1.8813.

This high-to-low spread represents a total annual volatility of 0.2422 DKK. From a start-to-finish perspective, comparing the January average rate of 1.9988 to the December average rate of 2.0779, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1235 was down 7.29% compared to the 2015 peak of 2.2904, 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 10,617 DKK
2015 Average 10,569 DKK
Yearly Trough Low 9,407 DKK
Transaction Impact: A difference of 1,210.83 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0940
1.9015
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 1.9737, compared to 2.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0416 points.

H1 Avg (Jan–Jun) 1.9737
H2 Avg (Jul–Dec) 2.0154

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0985 DKK (High: 2.0283 / Low: 1.9299). On the other end, September was the most stable month, with a tight range of 0.0319 DKK (High: 1.9822 / Low: 1.9502).

April Spread (Volatile) ±0.0985
September Spread (Stable) ±0.0319

Growth Streaks & Declines

Trends

Between September and December, 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 0.0813 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.0779) against the same month in 2015 (average: 2.0276), the exchange rate shifted by +0.0503 (+2.48%).

2016 Avg (December) 2.0779
2015 Avg (December) 2.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0286 1.9727 1.9988
February 1.9717 1.8813 1.9175
March 2.0002 1.9467 1.9673
April 2.0283 1.9299 1.9879
May 1.9981 1.9487 1.9769
June 2.0388 1.9611 1.9941
July 2.0538 1.9859 2.0345
August 2.0193 1.9666 1.9934
September 1.9822 1.9502 1.9665
October 2.0346 1.9510 1.9921
November 2.0731 1.9752 2.0278
December 2.1235 2.0277 2.0779