YEARLY HIGH
0.0898 DKK
YEARLY LOW
0.0618 DKK
YEARLY AVERAGE
0.0789 DKK

2022 AFN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.0898. Conversely, the yearly low was recorded on January 12, dropping to 0.0618.

This high-to-low spread represents a total annual volatility of 0.0281 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0629 to the December average rate of 0.0803, the exchange rate registered a net change of 27.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0898 was up 9.39% compared to the 2021 peak of 0.0821, 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 449 DKK
2021 Average 379 DKK
Yearly Trough Low 309 DKK
Transaction Impact: A difference of 140.36 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0894
0.0605
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 0.0745, compared to 0.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.0745
H2 Avg (Jul–Dec) 0.0833

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0070 DKK (High: 0.0829 / Low: 0.0759). On the other end, December was the most stable month, with a tight range of 0.0023 DKK (High: 0.0817 / Low: 0.0794).

April Spread (Volatile) ±0.0070
December Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0870) against the same month in 2021 (average: 0.0712), the exchange rate shifted by +0.0158 (+22.14%).

2022 Avg (October) 0.0870
2021 Avg (October) 0.0712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0648 0.0618 0.0629
February 0.0727 0.0661 0.0704
March 0.0784 0.0728 0.0762
April 0.0829 0.0759 0.0787
May 0.0827 0.0766 0.0799
June 0.0809 0.0777 0.0791
July 0.0844 0.0807 0.0823
August 0.0846 0.0799 0.0823
September 0.0882 0.0826 0.0848
October 0.0898 0.0847 0.0870
November 0.0863 0.0801 0.0828
December 0.0817 0.0794 0.0803