YEARLY HIGH
0.5638 GEL
YEARLY LOW
0.4664 GEL
YEARLY AVERAGE
0.5122 GEL

2021 DKK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.5638. Conversely, the yearly low was recorded on December 19, dropping to 0.4664.

This high-to-low spread represents a total annual volatility of 0.0974 GEL. From a start-to-finish perspective, comparing the January average rate of 0.5404 to the December average rate of 0.4708, the exchange rate registered a net change of -12.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5638 was up 3.68% compared to the 2020 peak of 0.5438, 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 2,819 GEL
2020 Average 2,387 GEL
Yearly Trough Low 2,332 GEL
Transaction Impact: A difference of 487.09 GEL purely based on transaction execution date.

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0.5607
0.4627
JanuMarcMayJulySeptNove

DKK to GEL 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 0.5378, compared to 0.4865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0513 points.

H1 Avg (Jan–Jun) 0.5378
H2 Avg (Jul–Dec) 0.4865

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0328 GEL (High: 0.5356 / Low: 0.5028). On the other end, August was the most stable month, with a tight range of 0.0071 GEL (High: 0.4949 / Low: 0.4878).

June Spread (Volatile) Âą0.0328
August Spread (Stable) Âą0.0071

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0405 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.5525) against the same month in 2020 (average: 0.4635), the exchange rate shifted by +0.0889 (+19.19%).

2021 Avg (April) 0.5525
2020 Avg (April) 0.4635

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Month High Low Average
January 0.5490 0.5353 0.5404
February 0.5441 0.5334 0.5390
March 0.5404 0.5305 0.5337
April 0.5638 0.5415 0.5525
May 0.5627 0.5344 0.5510
June 0.5356 0.5028 0.5105
July 0.5042 0.4878 0.4964
August 0.4949 0.4878 0.4907
September 0.4959 0.4840 0.4919
October 0.4947 0.4848 0.4884
November 0.4935 0.4685 0.4810
December 0.4757 0.4664 0.4708