YEARLY HIGH
5.0032 DKK
YEARLY LOW
4.7287 DKK
YEARLY AVERAGE
4.8736 DKK

2016 SGD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 5.0032. Conversely, the yearly low was recorded on January 10, dropping to 4.7287.

This high-to-low spread represents a total annual volatility of 0.2745 DKK. From a start-to-finish perspective, comparing the January average rate of 4.7966 to the December average rate of 4.9126, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 5.0032 was down 3.10% compared to the 2015 peak of 5.1634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,016 DKK
2015 Average 24,463 DKK
Yearly Trough Low 23,643 DKK
Transaction Impact: A difference of 1,372.51 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

5.0001
4.7647
JanuMarcMayJulySeptNove

SGD 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 4.8357, compared to 4.9115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0759 points.

H1 Avg (Jan–Jun) 4.8357
H2 Avg (Jul–Dec) 4.9115

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1488 DKK (High: 4.9710 / Low: 4.8222). On the other end, July was the most stable month, with a tight range of 0.0440 DKK (High: 5.0032 / Low: 4.9592).

June Spread (Volatile) ±0.1488
July Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0547 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 4.9805) against the same month in 2015 (average: 4.9842), the exchange rate shifted by -0.0037 (-0.07%).

2016 Avg (July) 4.9805
2015 Avg (July) 4.9842

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.8623 4.7287 4.7966
February 4.8716 4.7390 4.7843
March 4.9313 4.8464 4.8815
April 4.8959 4.8284 4.8603
May 4.8500 4.7653 4.8055
June 4.9710 4.8222 4.8858
July 5.0032 4.9592 4.9805
August 4.9818 4.8701 4.9275
September 4.9180 4.8581 4.8874
October 4.9158 4.8395 4.8750
November 4.9257 4.8317 4.8862
December 4.9539 4.8636 4.9126