YEARLY HIGH
0.0335 DKK
YEARLY LOW
0.0120 DKK
YEARLY AVERAGE
0.0240 DKK

2017 SYP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0335. Conversely, the yearly low was recorded on September 8, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0215 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0327 to the December average rate of 0.0122, the exchange rate registered a net change of -62.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0335 was down 0.25% compared to the 2016 peak of 0.0335, 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 167 DKK
2016 Average 155 DKK
Yearly Trough Low 60 DKK
Transaction Impact: A difference of 107.27 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0347
0.0101
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 0.0321, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.0321
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0174 DKK (High: 0.0295 / Low: 0.0121). On the other end, December was the most stable month, with a tight range of 0.0003 DKK (High: 0.0123 / Low: 0.0120).

August Spread (Volatile) ±0.0174
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0129 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0327) against the same month in 2016 (average: 0.0312), the exchange rate shifted by +0.0015 (+4.70%).

2017 Avg (January) 0.0327
2016 Avg (January) 0.0312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0335 0.0321 0.0327
February 0.0329 0.0322 0.0326
March 0.0330 0.0320 0.0324
April 0.0328 0.0318 0.0324
May 0.0319 0.0309 0.0314
June 0.0312 0.0303 0.0309
July 0.0306 0.0293 0.0301
August 0.0295 0.0121 0.0172
September 0.0123 0.0120 0.0121
October 0.0124 0.0122 0.0123
November 0.0125 0.0121 0.0123
December 0.0123 0.0120 0.0122