YEARLY HIGH
3.0192 DKK
YEARLY LOW
2.8507 DKK
YEARLY AVERAGE
2.9118 DKK

2019 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 3.0192. Conversely, the yearly low was recorded on January 9, dropping to 2.8507.

This high-to-low spread represents a total annual volatility of 0.1685 DKK. From a start-to-finish perspective, comparing the January average rate of 2.8836 to the December average rate of 2.9238, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.0192 was up 2.96% compared to the 2018 peak of 2.9324, 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 15,096 DKK
2018 Average 13,895 DKK
Yearly Trough Low 14,253 DKK
Transaction Impact: A difference of 842.49 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9340
2.8790
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 2.9079, compared to 2.9156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 2.9079
H2 Avg (Jul–Dec) 2.9156

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.1304 DKK (High: 3.0192 / Low: 2.8888). On the other end, February was the most stable month, with a tight range of 0.0269 DKK (High: 2.9262 / Low: 2.8993).

April Spread (Volatile) ±0.1304
February Spread (Stable) ±0.0269

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0240 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 2.9294) against the same month in 2018 (average: 2.7295), the exchange rate shifted by +0.1999 (+7.32%).

2019 Avg (April) 2.9294
2018 Avg (April) 2.7295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9151 2.8507 2.8836
February 2.9262 2.8993 2.9124
March 2.9418 2.8897 2.9196
April 3.0192 2.8888 2.9294
May 2.9290 2.8977 2.9131
June 2.9119 2.8624 2.8892
July 2.9509 2.8991 2.9225
August 2.9328 2.8798 2.8995
September 2.9712 2.9063 2.9244
October 2.9306 2.8703 2.9053
November 2.9510 2.8880 2.9181
December 2.9364 2.9038 2.9238