USD/DKK (USDDKK) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.9% | +0.3% | +2.3% | -1.5% | +0.7% | +2.0% | -0.2% | — | — | — | — | — |
| 2025 | -0.0% | -0.2% | -4.0% | -4.5% | -0.2% | -3.7% | +3.3% | -2.4% | -0.4% | +1.7% | -0.5% | -1.2% |
| 2024 | +2.0% | +0.1% | +0.2% | +1.2% | -1.7% | +0.9% | -0.6% | -2.0% | -0.8% | +2.4% | +2.9% | +2.2% |
| 2023 | -1.4% | +2.8% | -2.4% | -1.5% | +3.0% | -2.1% | -0.7% | +1.4% | +2.6% | +0.1% | -3.0% | -1.4% |
| 2022 | +1.3% | +0.1% | +1.4% | +5.0% | -1.7% | +2.3% | +2.6% | +1.6% | +2.6% | -0.7% | -5.1% | -2.8% |
| 2021 | +0.6% | +0.5% | +2.9% | -2.4% | -1.7% | +3.1% | -0.1% | +0.5% | +2.0% | +0.2% | +1.9% | -0.3% |
| 2020 | +1.1% | +0.6% | -0.2% | +0.7% | -1.5% | -1.2% | -4.7% | -1.4% | +1.9% | +0.6% | -2.4% | -2.4% |
| 2019 | +0.2% | +0.6% | +1.4% | +0.0% | +0.4% | -1.9% | +2.7% | +0.6% | +1.0% | -2.2% | +1.2% | -1.7% |
| 2018 | -3.4% | +1.9% | -0.9% | +2.0% | +3.2% | +0.2% | -0.0% | +0.8% | +0.0% | +2.6% | -0.0% | -1.2% |
| 2017 | -2.6% | +2.1% | -0.7% | -2.2% | -3.1% | -1.6% | -3.5% | -0.6% | +0.9% | +1.5% | -2.2% | -0.8% |
| 2016 | +0.4% | -0.4% | -4.6% | -0.7% | +2.8% | +0.2% | -0.6% | +0.2% | -0.7% | +2.3% | +3.7% | +0.6% |
| 2015 | +7.2% | +1.1% | +4.5% | -4.5% | +2.0% | -1.3% | +1.4% | -2.0% | +0.3% | +1.5% | +4.2% | -2.8% |
| 2014 | +2.2% | -2.3% | +0.3% | -0.7% | +1.7% | -0.6% | +2.3% | +1.9% | +3.9% | +0.8% | +0.5% | +3.0% |
| 2013 | -2.8% | +3.9% | +1.9% | -2.7% | +1.3% | -0.1% | -2.2% | +0.7% | -2.3% | -0.4% | -0.0% | -1.4% |
| 2012 | -0.9% | -1.8% | -0.0% | +0.8% | +6.9% | -2.3% | +3.0% | -2.0% | -2.1% | -0.7% | -0.2% | -1.6% |
| 2011 | -2.3% | -0.8% | -2.5% | -4.4% | +2.8% | -0.7% | +0.6% | +0.2% | +7.2% | -3.4% | +3.0% | +3.7% |
| 2010 | +3.4% | +1.7% | +0.9% | +1.6% | +8.0% | +0.7% | -6.2% | +2.8% | -6.9% | -2.2% | +7.4% | -3.0% |
| 2009 | +9.2% | +1.1% | -4.4% | +0.2% | -6.6% | +0.9% | -1.6% | -0.6% | -2.1% | -0.5% | -1.9% | +4.7% |
| 2008 | -1.8% | -2.2% | -3.8% | +1.1% | +0.4% | -1.3% | +1.0% | +6.3% | +4.2% | +10.5% | +0.3% | -9.2% |
| 2007 | +1.3% | -1.5% | -1.0% | -2.1% | +1.4% | -0.8% | -1.1% | +0.5% | -4.4% | -1.5% | -0.9% | +0.2% |
| 2006 | -2.5% | +1.9% | -1.6% | -4.1% | -1.4% | +0.2% | +0.2% | -0.4% | +1.1% | -0.7% | -3.6% | +0.4% |
| 2005 | +4.1% | -1.4% | +2.1% | +0.6% | +4.6% | +1.7% | +0.0% | -1.9% | +2.7% | +0.3% | +1.6% | -0.4% |
| 2004 | +1.0% | -0.1% | +1.4% | +2.8% | -1.9% | -0.1% | +1.5% | -1.3% | -2.0% | -3.0% | -3.8% | -1.9% |
| 2003 | — | — | — | — | — | — | — | — | — | — | — | — |
| Avg | +0.7% | +0.3% | -0.3% | -0.7% | +0.9% | -0.2% | -0.1% | +0.1% | +0.4% | +0.4% | +0.1% | -0.8% |
| Median | +0.4% | +0.3% | -0.0% | -0.7% | +0.7% | -0.1% | -0.0% | +0.2% | +0.6% | +0.1% | -0.0% | -1.2% |
| Last 5Y Avg | +0.2% | +0.6% | -0.5% | -0.3% | +0.0% | -0.1% | +0.9% | -0.2% | +1.2% | +0.7% | -0.8% | -0.7% |
| Std Dev (σ) | 3.1% | 1.6% | 2.5% | 2.5% | 3.2% | 1.6% | 2.5% | 2.0% | 3.1% | 2.8% | 3.0% | 2.8% |
| Consistency (μ/σ) | 0.22 | 0.22 | -0.12 | -0.27 | 0.26 | -0.14 | -0.05 | 0.07 | 0.13 | 0.15 | 0.05 | -0.28 |
| Win Rate (%) | 57% | 61% | 48% | 48% | 61% | 43% | 50% | 55% | 59% | 55% | 45% | 32% |
| Winning / Losing Months | ▲13▼10 | ▲14▼9 | ▲11▼12 | ▲11▼12 | ▲14▼9 | ▲10▼13 | ▲11▼11 | ▲12▼10 | ▲13▼9 | ▲12▼10 | ▲10▼12 | ▲7▼15 |
| Longest Win / Loss Streak | ▲4▼3 | ▲8▼2 | ▲3▼4 | ▲3▼5 | ▲7▼3 | ▲2▼5 | ▲3▼3 | ▲3▼3 | ▲7▼2 | ▲5▼5 | ▲3▼2 | ▲2▼7 |
| Best | +9.2%in January 2009 | +3.9%in February 2013 | +4.5%in March 2015 | +5.0%in April 2022 | +8.0%in May 2010 | +3.1%in June 2021 | +3.3%in July 2025 | +6.3%in August 2008 | +7.2%in September 2011 | +10.5%in October 2008 | +7.4%in November 2010 | +4.7%in December 2009 |
| Worst | -3.4%in January 2018 | -2.3%in February 2014 | -4.6%in March 2016 | -4.5%in April 2025 | -6.6%in May 2009 | -3.7%in June 2025 | -6.2%in July 2010 | -2.4%in August 2025 | -6.9%in September 2010 | -3.4%in October 2011 | -5.1%in November 2022 | -9.2%in December 2008 |
−9.2%+10.5%
2026
Jan-0.9%
Feb+0.3%
Mar+2.3%
Apr-1.5%
May+0.7%
Jun+2.0%
Jul-0.2%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-0.0%
Feb-0.2%
Mar-4.0%
Apr-4.5%
May-0.2%
Jun-3.7%
Jul+3.3%
Aug-2.4%
Sep-0.4%
Oct+1.7%
Nov-0.5%
Dec-1.2%
2024
Jan+2.0%
Feb+0.1%
Mar+0.2%
Apr+1.2%
May-1.7%
Jun+0.9%
Jul-0.6%
Aug-2.0%
Sep-0.8%
Oct+2.4%
Nov+2.9%
Dec+2.2%
2023
Jan-1.4%
Feb+2.8%
Mar-2.4%
Apr-1.5%
May+3.0%
Jun-2.1%
Jul-0.7%
Aug+1.4%
Sep+2.6%
Oct+0.1%
Nov-3.0%
Dec-1.4%
2022
Jan+1.3%
Feb+0.1%
Mar+1.4%
Apr+5.0%
May-1.7%
Jun+2.3%
Jul+2.6%
Aug+1.6%
Sep+2.6%
Oct-0.7%
Nov-5.1%
Dec-2.8%
2021
Jan+0.6%
Feb+0.5%
Mar+2.9%
Apr-2.4%
May-1.7%
Jun+3.1%
Jul-0.1%
Aug+0.5%
Sep+2.0%
Oct+0.2%
Nov+1.9%
Dec-0.3%
2020
Jan+1.1%
Feb+0.6%
Mar-0.2%
Apr+0.7%
May-1.5%
Jun-1.2%
Jul-4.7%
Aug-1.4%
Sep+1.9%
Oct+0.6%
Nov-2.4%
Dec-2.4%
2019
Jan+0.2%
Feb+0.6%
Mar+1.4%
Apr+0.0%
May+0.4%
Jun-1.9%
Jul+2.7%
Aug+0.6%
Sep+1.0%
Oct-2.2%
Nov+1.2%
Dec-1.7%
2018
Jan-3.4%
Feb+1.9%
Mar-0.9%
Apr+2.0%
May+3.2%
Jun+0.2%
Jul-0.0%
Aug+0.8%
Sep+0.0%
Oct+2.6%
Nov-0.0%
Dec-1.2%
2017
Jan-2.6%
Feb+2.1%
Mar-0.7%
Apr-2.2%
May-3.1%
Jun-1.6%
Jul-3.5%
Aug-0.6%
Sep+0.9%
Oct+1.5%
Nov-2.2%
Dec-0.8%
2016
Jan+0.4%
Feb-0.4%
Mar-4.6%
Apr-0.7%
May+2.8%
Jun+0.2%
Jul-0.6%
Aug+0.2%
Sep-0.7%
Oct+2.3%
Nov+3.7%
Dec+0.6%
2015
Jan+7.2%
Feb+1.1%
Mar+4.5%
Apr-4.5%
May+2.0%
Jun-1.3%
Jul+1.4%
Aug-2.0%
Sep+0.3%
Oct+1.5%
Nov+4.2%
Dec-2.8%
2014
Jan+2.2%
Feb-2.3%
Mar+0.3%
Apr-0.7%
May+1.7%
Jun-0.6%
Jul+2.3%
Aug+1.9%
Sep+3.9%
Oct+0.8%
Nov+0.5%
Dec+3.0%
2013
Jan-2.8%
Feb+3.9%
Mar+1.9%
Apr-2.7%
May+1.3%
Jun-0.1%
Jul-2.2%
Aug+0.7%
Sep-2.3%
Oct-0.4%
Nov-0.0%
Dec-1.4%
2012
Jan-0.9%
Feb-1.8%
Mar-0.0%
Apr+0.8%
May+6.9%
Jun-2.3%
Jul+3.0%
Aug-2.0%
Sep-2.1%
Oct-0.7%
Nov-0.2%
Dec-1.6%
2011
Jan-2.3%
Feb-0.8%
Mar-2.5%
Apr-4.4%
May+2.8%
Jun-0.7%
Jul+0.6%
Aug+0.2%
Sep+7.2%
Oct-3.4%
Nov+3.0%
Dec+3.7%
2010
Jan+3.4%
Feb+1.7%
Mar+0.9%
Apr+1.6%
May+8.0%
Jun+0.7%
Jul-6.2%
Aug+2.8%
Sep-6.9%
Oct-2.2%
Nov+7.4%
Dec-3.0%
2009
Jan+9.2%
Feb+1.1%
Mar-4.4%
Apr+0.2%
May-6.6%
Jun+0.9%
Jul-1.6%
Aug-0.6%
Sep-2.1%
Oct-0.5%
Nov-1.9%
Dec+4.7%
2008
Jan-1.8%
Feb-2.2%
Mar-3.8%
Apr+1.1%
May+0.4%
Jun-1.3%
Jul+1.0%
Aug+6.3%
Sep+4.2%
Oct+10.5%
Nov+0.3%
Dec-9.2%
2007
Jan+1.3%
Feb-1.5%
Mar-1.0%
Apr-2.1%
May+1.4%
Jun-0.8%
Jul-1.1%
Aug+0.5%
Sep-4.4%
Oct-1.5%
Nov-0.9%
Dec+0.2%
2006
Jan-2.5%
Feb+1.9%
Mar-1.6%
Apr-4.1%
May-1.4%
Jun+0.2%
Jul+0.2%
Aug-0.4%
Sep+1.1%
Oct-0.7%
Nov-3.6%
Dec+0.4%
2005
Jan+4.1%
Feb-1.4%
Mar+2.1%
Apr+0.6%
May+4.6%
Jun+1.7%
Jul+0.0%
Aug-1.9%
Sep+2.7%
Oct+0.3%
Nov+1.6%
Dec-0.4%
2004
Jan+1.0%
Feb-0.1%
Mar+1.4%
Apr+2.8%
May-1.9%
Jun-0.1%
Jul+1.5%
Aug-1.3%
Sep-2.0%
Oct-3.0%
Nov-3.8%
Dec-1.9%
2003
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
Avg
Jan+0.7%
Feb+0.3%
Mar-0.3%
Apr-0.7%
May+0.9%
Jun-0.2%
Jul-0.1%
Aug+0.1%
Sep+0.4%
Oct+0.4%
Nov+0.1%
Dec-0.8%
Median
Jan+0.4%
Feb+0.3%
Mar-0.0%
Apr-0.7%
May+0.7%
Jun-0.1%
Jul-0.0%
Aug+0.2%
Sep+0.6%
Oct+0.1%
Nov-0.0%
Dec-1.2%
Last 5Y Avg
Jan+0.2%
Feb+0.6%
Mar-0.5%
Apr-0.3%
May+0.0%
Jun-0.1%
Jul+0.9%
Aug-0.2%
Sep+1.2%
Oct+0.7%
Nov-0.8%
Dec-0.7%
Std Dev (σ)
Jan3.1%
Feb1.6%
Mar2.5%
Apr2.5%
May3.2%
Jun1.6%
Jul2.5%
Aug2.0%
Sep3.1%
Oct2.8%
Nov3.0%
Dec2.8%
Consistency (μ/σ)
Jan0.22
Feb0.22
Mar-0.12
Apr-0.27
May0.26
Jun-0.14
Jul-0.05
Aug0.07
Sep0.13
Oct0.15
Nov0.05
Dec-0.28
Win Rate (%)
Jan57%
Feb61%
Mar48%
Apr48%
May61%
Jun43%
Jul50%
Aug55%
Sep59%
Oct55%
Nov45%
Dec32%
Winning / Losing Months
Jan▲13▼10
Feb▲14▼9
Mar▲11▼12
Apr▲11▼12
May▲14▼9
Jun▲10▼13
Jul▲11▼11
Aug▲12▼10
Sep▲13▼9
Oct▲12▼10
Nov▲10▼12
Dec▲7▼15
Longest Win / Loss Streak
Jan▲4▼3
Feb▲8▼2
Mar▲3▼4
Apr▲3▼5
May▲7▼3
Jun▲2▼5
Jul▲3▼3
Aug▲3▼3
Sep▲7▼2
Oct▲5▼5
Nov▲3▼2
Dec▲2▼7
Best
Jan+9.2%2009
Feb+3.9%2013
Mar+4.5%2015
Apr+5.0%2022
May+8.0%2010
Jun+3.1%2021
Jul+3.3%2025
Aug+6.3%2008
Sep+7.2%2011
Oct+10.5%2008
Nov+7.4%2010
Dec+4.7%2009
Worst
Jan-3.4%2018
Feb-2.3%2014
Mar-4.6%2016
Apr-4.5%2025
May-6.6%2009
Jun-3.7%2025
Jul-6.2%2010
Aug-2.4%2025
Sep-6.9%2010
Oct-3.4%2011
Nov-5.1%2022
Dec-9.2%2008
−9.2%+10.5%
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