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2021 DKK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the DKK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 328.6342. Conversely, the yearly low was recorded on December 7, dropping to 300.3218.
This high-to-low spread represents a total annual volatility of 28.3124 CDF. From a start-to-finish perspective, comparing the January average rate of 322.8857 to the December average rate of 304.1290, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 328.6342 was up 0.86% compared to the 2020 peak of 325.8358, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
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DKK to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 321.8657, compared to 311.6205 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 10.2451 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 11.9059 CDF (High: 313.4401 / Low: 301.5342). On the other end, July was the most stable month, with a tight range of 5.4232 CDF (High: 319.9580 / Low: 314.5348).
Growth Streaks & Declines
TrendsBetween 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 5.4321 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 325.9930) against the same month in 2020 (average: 261.4615), the exchange rate shifted by +64.5315 (+24.68%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 326.7744 | 319.7766 | 322.8857 |
| February | 324.4125 | 318.4724 | 322.0811 |
| March | 322.5703 | 313.4980 | 317.9856 |
| April | 325.1346 | 314.3788 | 320.0141 |
| May | 328.6342 | 322.1287 | 325.9930 |
| June | 327.5085 | 316.5079 | 322.2346 |
| July | 319.9580 | 314.5348 | 316.8025 |
| August | 318.1910 | 312.0455 | 314.6813 |
| September | 317.3652 | 310.1871 | 315.1851 |
| October | 314.6081 | 307.8912 | 311.5036 |
| November | 313.4401 | 301.5342 | 307.4218 |
| December | 306.2353 | 300.3218 | 304.1290 |