YEARLY HIGH
0.0335 DKK
YEARLY LOW
0.0294 DKK
YEARLY AVERAGE
0.0310 DKK

2016 SYP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0335. Conversely, the yearly low was recorded on May 2, dropping to 0.0294.

This high-to-low spread represents a total annual volatility of 0.0041 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0331, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0335 was down 9.73% compared to the 2015 peak of 0.0372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168 DKK
2015 Average 173 DKK
Yearly Trough Low 147 DKK
Transaction Impact: A difference of 20.51 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0334
0.0296
JanuMarcMayJulySeptNove

SYP 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 0.0304, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0304
H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0017 DKK (High: 0.0330 / Low: 0.0313). On the other end, September was the most stable month, with a tight range of 0.0004 DKK (High: 0.0312 / Low: 0.0308).

November Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, 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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0331) against the same month in 2015 (average: 0.0310), the exchange rate shifted by +0.0020 (+6.48%).

2016 Avg (December) 0.0331
2015 Avg (December) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0314 0.0310 0.0312
February 0.0312 0.0300 0.0306
March 0.0312 0.0299 0.0305
April 0.0302 0.0296 0.0299
May 0.0305 0.0294 0.0300
June 0.0309 0.0298 0.0302
July 0.0314 0.0308 0.0311
August 0.0312 0.0306 0.0309
September 0.0312 0.0308 0.0310
October 0.0320 0.0310 0.0315
November 0.0330 0.0313 0.0322
December 0.0335 0.0324 0.0331