YEARLY HIGH
2.9324 DKK
YEARLY LOW
2.6695 DKK
YEARLY AVERAGE
2.7787 DKK

2018 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.9324. Conversely, the yearly low was recorded on January 27, dropping to 2.6695.

This high-to-low spread represents a total annual volatility of 0.2629 DKK. From a start-to-finish perspective, comparing the January average rate of 2.7162 to the December average rate of 2.8819, the exchange rate registered a net change of 6.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9324 was down 6.80% compared to the 2017 peak of 3.1463, 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 14,662 DKK
2017 Average 14,552 DKK
Yearly Trough Low 13,347 DKK
Transaction Impact: A difference of 1,314.56 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8984
2.6996
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 2.7436, compared to 2.8138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0702 points.

H1 Avg (Jan–Jun) 2.7436
H2 Avg (Jul–Dec) 2.8138

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0973 DKK (High: 2.7668 / Low: 2.6695). On the other end, March was the most stable month, with a tight range of 0.0440 DKK (High: 2.7368 / Low: 2.6928).

January Spread (Volatile) ±0.0973
March Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0391 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.8819) against the same month in 2017 (average: 2.7474), the exchange rate shifted by +0.1345 (+4.90%).

2018 Avg (December) 2.8819
2017 Avg (December) 2.7474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7668 2.6695 2.7162
February 2.7542 2.6771 2.7238
March 2.7368 2.6928 2.7165
April 2.7800 2.6990 2.7295
May 2.8367 2.7429 2.7829
June 2.8335 2.7654 2.7927
July 2.7744 2.7291 2.7536
August 2.8448 2.7563 2.7970
September 2.7938 2.7409 2.7711
October 2.8631 2.7874 2.8178
November 2.8980 2.8375 2.8614
December 2.9324 2.8525 2.8819