YEARLY HIGH
1.9971 DKK
YEARLY LOW
1.8294 DKK
YEARLY AVERAGE
1.9216 DKK

2018 PEN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1.9971. Conversely, the yearly low was recorded on February 14, dropping to 1.8294.

This high-to-low spread represents a total annual volatility of 0.1677 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8979 to the December average rate of 1.9505, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9971 was down 8.13% compared to the 2017 peak of 2.1738, 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 9,985 DKK
2017 Average 10,112 DKK
Yearly Trough Low 9,147 DKK
Transaction Impact: A difference of 838.28 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9750
1.8455
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 1.8948, compared to 1.9484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 1.8948
H2 Avg (Jul–Dec) 1.9484

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0750 DKK (High: 1.9383 / Low: 1.8633). On the other end, July was the most stable month, with a tight range of 0.0261 DKK (High: 1.9569 / Low: 1.9308).

January Spread (Volatile) ±0.0750
July Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between February and June, 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 0.0416 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.9642) against the same month in 2017 (average: 1.9416), the exchange rate shifted by +0.0227 (+1.17%).

2018 Avg (August) 1.9642
2017 Avg (August) 1.9416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9383 1.8633 1.8979
February 1.8732 1.8294 1.8563
March 1.8784 1.8424 1.8583
April 1.9010 1.8599 1.8791
May 1.9660 1.8975 1.9258
June 1.9737 1.9347 1.9512
July 1.9569 1.9308 1.9459
August 1.9971 1.9316 1.9642
September 1.9478 1.9184 1.9347
October 1.9690 1.9311 1.9491
November 1.9703 1.9304 1.9458
December 1.9710 1.9273 1.9505