YEARLY HIGH
1.0955 DKK
YEARLY LOW
0.6482 DKK
YEARLY AVERAGE
0.7725 DKK

2016 VEF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.0955. Conversely, the yearly low was recorded on May 2, dropping to 0.6482.

This high-to-low spread represents a total annual volatility of 0.4473 DKK. From a start-to-finish perspective, comparing the January average rate of 1.0866 to the December average rate of 0.7066, the exchange rate registered a net change of -34.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0955 was down 2.72% compared to the 2015 peak of 1.1261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,478 DKK
2015 Average 5,321 DKK
Yearly Trough Low 3,241 DKK
Transaction Impact: A difference of 2,236.60 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1294
0.6153
JanuMarcMayJulySeptNove

VEF 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 0.8652, compared to 0.6798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1854 points.

H1 Avg (Jan–Jun) 0.8652
H2 Avg (Jul–Dec) 0.6798

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0460 DKK (High: 1.0857 / Low: 1.0397). On the other end, September was the most stable month, with a tight range of 0.0073 DKK (High: 0.6696 / Low: 0.6623).

March Spread (Volatile) ±0.0460
September Spread (Stable) ±0.0073

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 March and April, when the average rate fell by 0.4008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0866) against the same month in 2015 (average: 1.0136), the exchange rate shifted by +0.0729 (+7.19%).

2016 Avg (January) 1.0866
2015 Avg (January) 1.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0955 1.0792 1.0866
February 1.0860 1.0443 1.0636
March 1.0857 1.0397 1.0589
April 0.6644 0.6525 0.6582
May 0.6711 0.6482 0.6603
June 0.6762 0.6548 0.6634
July 0.6791 0.6676 0.6733
August 0.6723 0.6583 0.6658
September 0.6696 0.6623 0.6660
October 0.6857 0.6642 0.6758
November 0.7060 0.6700 0.6913
December 0.7158 0.6931 0.7066