YEARLY HIGH
4.8192 DKK
YEARLY LOW
4.5271 DKK
YEARLY AVERAGE
4.6804 DKK

2018 SGD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 4.8192. Conversely, the yearly low was recorded on February 4, dropping to 4.5271.

This high-to-low spread represents a total annual volatility of 0.2921 DKK. From a start-to-finish perspective, comparing the January average rate of 4.6178 to the December average rate of 4.7864, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.8192 was down 4.04% compared to the 2017 peak of 5.0222, 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 24,096 DKK
2017 Average 23,873 DKK
Yearly Trough Low 22,636 DKK
Transaction Impact: A difference of 1,460.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.8081
4.5474
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 4.6384, compared to 4.7225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0841 points.

H1 Avg (Jan–Jun) 4.6384
H2 Avg (Jul–Dec) 4.7225

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.1329 DKK (High: 4.7909 / Low: 4.6580). On the other end, July was the most stable month, with a tight range of 0.0288 DKK (High: 4.6925 / Low: 4.6637).

May Spread (Volatile) ±0.1329
July Spread (Stable) ±0.0288

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 June and July, when the average rate fell by 0.0555 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 4.7864) against the same month in 2017 (average: 4.6692), the exchange rate shifted by +0.1172 (+2.51%).

2018 Avg (December) 4.7864
2017 Avg (December) 4.6692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6706 4.5706 4.6178
February 4.6092 4.5271 4.5691
March 4.6210 4.5511 4.5922
April 4.6512 4.5902 4.6122
May 4.7909 4.6580 4.7061
June 4.7893 4.6764 4.7330
July 4.6925 4.6637 4.6775
August 4.7673 4.6681 4.7207
September 4.7027 4.6397 4.6690
October 4.7586 4.6762 4.7073
November 4.8077 4.7491 4.7739
December 4.8192 4.7576 4.7864