YEARLY HIGH
1.2587 DKK
YEARLY LOW
1.0803 DKK
YEARLY AVERAGE
1.1755 DKK

2019 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.2587. Conversely, the yearly low was recorded on May 9, dropping to 1.0803.

This high-to-low spread represents a total annual volatility of 0.1784 DKK. From a start-to-finish perspective, comparing the January average rate of 1.2203 to the December average rate of 1.1481, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2587 was down 24.25% compared to the 2018 peak of 1.6616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 62,934 DKK
2018 Average 66,968 DKK
Yearly Trough Low 54,014 DKK
Transaction Impact: A difference of 8,920.45 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2608
1.0912
JanuMarcMayJulySeptNove

TRY 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 1.1775, compared to 1.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 1.1775
H2 Avg (Jul–Dec) 1.1735

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0921 DKK (High: 1.2079 / Low: 1.1158). On the other end, November was the most stable month, with a tight range of 0.0160 DKK (High: 1.1869 / Low: 1.1708).

April Spread (Volatile) ±0.0921
November Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0535 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2203) against the same month in 2018 (average: 1.6185), the exchange rate shifted by -0.3983 (-24.61%).

2019 Avg (January) 1.2203
2018 Avg (January) 1.6185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2587 1.1800 1.2203
February 1.2582 1.2278 1.2467
March 1.2342 1.1458 1.2048
April 1.2079 1.1158 1.1514
May 1.1449 1.0803 1.1053
June 1.1624 1.1266 1.1367
July 1.2089 1.1563 1.1743
August 1.2162 1.1481 1.1876
September 1.2124 1.1622 1.1873
October 1.1955 1.1423 1.1659
November 1.1869 1.1708 1.1779
December 1.1794 1.1201 1.1481