YEARLY HIGH
0.0821 DKK
YEARLY LOW
0.0558 DKK
YEARLY AVERAGE
0.0759 DKK

2021 AFN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0821. Conversely, the yearly low was recorded on December 15, dropping to 0.0558.

This high-to-low spread represents a total annual volatility of 0.0263 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0791 to the December average rate of 0.0647, the exchange rate registered a net change of -18.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0821 was down 11.12% compared to the 2020 peak of 0.0924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 411 DKK
2020 Average 426 DKK
Yearly Trough Low 279 DKK
Transaction Impact: A difference of 131.39 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0823
0.0631
JanuMarcMayJulySeptNove

AFN 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 0.0794, compared to 0.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0794
H2 Avg (Jul–Dec) 0.0723

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0126 DKK (High: 0.0685 / Low: 0.0558). On the other end, October was the most stable month, with a tight range of 0.0016 DKK (High: 0.0718 / Low: 0.0702).

December Spread (Volatile) ±0.0126
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0807) against the same month in 2020 (average: 0.0886), the exchange rate shifted by -0.0079 (-8.92%).

2021 Avg (March) 0.0807
2020 Avg (March) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0798 0.0780 0.0791
February 0.0802 0.0781 0.0795
March 0.0821 0.0794 0.0807
April 0.0819 0.0787 0.0800
May 0.0797 0.0771 0.0787
June 0.0799 0.0776 0.0785
July 0.0795 0.0765 0.0786
August 0.0794 0.0732 0.0761
September 0.0744 0.0707 0.0729
October 0.0718 0.0702 0.0712
November 0.0715 0.0682 0.0703
December 0.0685 0.0558 0.0647