YEARLY HIGH
325.1318 BIF
YEARLY LOW
300.1630 BIF
YEARLY AVERAGE
314.0455 BIF

2021 DKK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 325.1318. Conversely, the yearly low was recorded on November 25, dropping to 300.1630.

This high-to-low spread represents a total annual volatility of 24.9688 BIF. From a start-to-finish perspective, comparing the January average rate of 318.4945 to the December average rate of 303.6949, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 325.1318 was up 1.30% compared to the 2020 peak of 320.9621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,625,659 BIF
2020 Average 1,466,789 BIF
Yearly Trough Low 1,500,815 BIF
Transaction Impact: A difference of 124,843.87 BIF purely based on transaction execution date.

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323.4451
301.8994
JanuMarcMayJulySeptNove

DKK to BIF 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 317.4405, compared to 310.6505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7900 points.

H1 Avg (Jan–Jun) 317.4405
H2 Avg (Jul–Dec) 310.6505

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 11.3380 BIF (High: 320.1432 / Low: 308.8052). On the other end, July was the most stable month, with a tight range of 3.8227 BIF (High: 317.3229 / Low: 313.5002).

April Spread (Volatile) Âą11.3380
July Spread (Stable) Âą3.8227

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 5.0498 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 321.6496) against the same month in 2020 (average: 278.5624), the exchange rate shifted by +43.0873 (+15.47%).

2021 Avg (May) 321.6496
2020 Avg (May) 278.5624

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Month High Low Average
January 322.0865 315.2381 318.4945
February 319.6049 313.7160 317.2329
March 317.2470 308.1130 312.7887
April 320.1432 308.8052 314.2651
May 325.1318 315.5783 321.6496
June 324.5903 315.7526 320.2120
July 317.3229 313.5002 315.1622
August 316.6969 311.3892 313.9660
September 317.2198 309.7833 314.7885
October 313.1995 308.2636 310.5864
November 311.0582 300.1630 305.7047
December 306.3882 302.3337 303.6949