2014 TOP to DKK Historical Review

YEARLY HIGH

3.1192 DKK

YEARLY LOW

2.8803 DKK

YEARLY AVERAGE

2.9763 DKK

2014 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 3.1192. Conversely, the yearly low was recorded on March 17, dropping to 2.8803.

This high-to-low spread represents a total annual volatility of 0.2389 DKK. From a start-to-finish perspective, comparing the January average rate of 2.9416 to the December average rate of 3.0785, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.1192 was down 6.16% compared to the 2013 peak of 3.3239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,596 DKK

2013 Average 15,686 DKK

Yearly Trough Low 14,402 DKK

Transaction Impact: A difference of 1,194.35 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.0955

2.8915

JanuMarcMayJulySeptNove

TOP 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 2.9347, compared to 3.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0831 points.

H1 Avg (Jan–Jun) 2.9347

H2 Avg (Jul–Dec) 3.0178

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1083 DKK (High: 3.1072 / Low: 2.9989). On the other end, February was the most stable month, with a tight range of 0.0432 DKK (High: 2.9474 / Low: 2.9042).

September Spread (Volatile) ±0.1083

February Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0352 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.0785) against the same month in 2013 (average: 2.9311), the exchange rate shifted by +0.1474 (+5.03%).

2014 Avg (December) 3.0785

2013 Avg (December) 2.9311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9668	2.9125	2.9416
February	2.9474	2.9042	2.9217
March	2.9665	2.8803	2.9085
April	2.9890	2.8959	2.9521
May	2.9640	2.8971	2.9328
June	2.9718	2.9241	2.9515
July	3.0444	2.9591	2.9884
August	3.0606	2.9580	3.0133
September	3.1072	2.9989	3.0314
October	3.0470	2.9449	2.9962
November	3.0517	2.9730	2.9992
December	3.1192	3.0222	3.0785