YEARLY HIGH
0.4310 DKK
YEARLY LOW
0.3913 DKK
YEARLY AVERAGE
0.4075 DKK

2021 MVR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4310. Conversely, the yearly low was recorded on January 6, dropping to 0.3913.

This high-to-low spread represents a total annual volatility of 0.0398 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3968 to the December average rate of 0.4260, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4310 was down 5.35% compared to the 2020 peak of 0.4554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,155 DKK
2020 Average 2,119 DKK
Yearly Trough Low 1,956 DKK
Transaction Impact: A difference of 198.92 DKK purely based on transaction execution date.

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0.4290
0.3939
JanuMarcMayJulySeptNove

MVR 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 0.4001, compared to 0.4150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.4001
H2 Avg (Jul–Dec) 0.4150

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0166 DKK (High: 0.4310 / Low: 0.4144). On the other end, July was the most stable month, with a tight range of 0.0054 DKK (High: 0.4103 / Low: 0.4049).

November Spread (Volatile) Âą0.0166
July Spread (Stable) Âą0.0054

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0053 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4223) against the same month in 2020 (average: 0.4081), the exchange rate shifted by +0.0142 (+3.48%).

2021 Avg (November) 0.4223
2020 Avg (November) 0.4081

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Month High Low Average
January 0.4003 0.3913 0.3968
February 0.4035 0.3969 0.3991
March 0.4106 0.3996 0.4049
April 0.4091 0.3965 0.4024
May 0.4034 0.3935 0.3971
June 0.4088 0.3937 0.4001
July 0.4103 0.4049 0.4081
August 0.4120 0.4056 0.4089
September 0.4159 0.4049 0.4093
October 0.4190 0.4121 0.4154
November 0.4310 0.4144 0.4223
December 0.4297 0.4237 0.4260