YEARLY HIGH
2.5297 SZL
YEARLY LOW
2.1995 SZL
YEARLY AVERAGE
2.3491 SZL

2021 DKK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.5297. Conversely, the yearly low was recorded on June 17, dropping to 2.1995.

This high-to-low spread represents a total annual volatility of 0.3302 SZL. From a start-to-finish perspective, comparing the January average rate of 2.4698 to the December average rate of 2.4135, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5297 was down 9.78% compared to the 2020 peak of 2.8039, 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 12,648 SZL
2020 Average 12,592 SZL
Yearly Trough Low 10,997 SZL
Transaction Impact: A difference of 1,651.22 SZL purely based on transaction execution date.

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2.4925
2.2197
JanuMarcMayJulySeptNove

DKK to SZL 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 2.3554, compared to 2.3428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 2.3554
H2 Avg (Jul–Dec) 2.3428

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1371 SZL (High: 2.4537 / Low: 2.3165). On the other end, April was the most stable month, with a tight range of 0.0536 SZL (High: 2.3489 / Low: 2.2953).

November Spread (Volatile) Âą0.1371
April Spread (Stable) Âą0.0536

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0745 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.4698) against the same month in 2020 (average: 2.1331), the exchange rate shifted by +0.3367 (+15.79%).

2021 Avg (January) 2.4698
2020 Avg (January) 2.1331

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Month High Low Average
January 2.5297 2.4018 2.4698
February 2.4420 2.3558 2.4023
March 2.4748 2.3455 2.3974
April 2.3489 2.2953 2.3229
May 2.3400 2.2585 2.2979
June 2.2956 2.1995 2.2424
July 2.3647 2.2589 2.3036
August 2.4087 2.2870 2.3436
September 2.3651 2.2384 2.3015
October 2.3735 2.2612 2.3179
November 2.4537 2.3165 2.3765
December 2.4612 2.3669 2.4135