YEARLY HIGH
3.1610 DKK
YEARLY LOW
2.8637 DKK
YEARLY AVERAGE
2.9886 DKK

2016 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3.1610. Conversely, the yearly low was recorded on February 7, dropping to 2.8637.

This high-to-low spread represents a total annual volatility of 0.2973 DKK. From a start-to-finish perspective, comparing the January average rate of 3.0445 to the December average rate of 3.0985, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.1610 was down 10.30% compared to the 2015 peak of 3.5240, 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 15,805 DKK
2015 Average 15,886 DKK
Yearly Trough Low 14,319 DKK
Transaction Impact: A difference of 1,486.60 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1160
2.9067
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 2.9645, compared to 3.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 2.9645
H2 Avg (Jul–Dec) 3.0128

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1678 DKK (High: 3.1348 / Low: 2.9670). On the other end, September was the most stable month, with a tight range of 0.0442 DKK (High: 2.9771 / Low: 2.9329).

November Spread (Volatile) ±0.1678
September Spread (Stable) ±0.0442

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 0.0915 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 3.0985) against the same month in 2015 (average: 3.0535), the exchange rate shifted by +0.0450 (+1.47%).

2016 Avg (December) 3.0985
2015 Avg (December) 3.0535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0996 2.9768 3.0445
February 3.0133 2.8637 2.9530
March 3.0260 2.9340 2.9722
April 2.9985 2.9117 2.9452
May 2.9440 2.8938 2.9242
June 3.0298 2.8750 2.9476
July 2.9922 2.9139 2.9677
August 2.9757 2.9062 2.9409
September 2.9771 2.9329 2.9544
October 3.0959 2.9448 3.0346
November 3.1348 2.9670 3.0805
December 3.1610 3.0512 3.0985