YEARLY HIGH
1.0387 DKK
YEARLY LOW
0.9313 DKK
YEARLY AVERAGE
0.9749 DKK

2021 CNY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.0387. Conversely, the yearly low was recorded on January 3, dropping to 0.9313.

This high-to-low spread represents a total annual volatility of 0.1074 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9440 to the December average rate of 1.0326, the exchange rate registered a net change of 9.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0387 was up 5.03% compared to the 2020 peak of 0.9889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 25,966 DKK
2020 Average 23,682 DKK
Yearly Trough Low 23,282 DKK
Transaction Impact: A difference of 2,684.23 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0415
0.9352
JanuMarcMayJulySeptNove

CNY 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 0.9537, compared to 0.9962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 0.9537
H2 Avg (Jul–Dec) 0.9962

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0393 DKK (High: 1.0387 / Low: 0.9994). On the other end, December was the most stable month, with a tight range of 0.0101 DKK (High: 1.0380 / Low: 1.0280).

November Spread (Volatile) ±0.0393
December Spread (Stable) ±0.0101

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 March and April, when the average rate fell by 0.0068 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.0206) against the same month in 2020 (average: 0.9521), the exchange rate shifted by +0.0685 (+7.19%).

2021 Avg (November) 1.0206
2020 Avg (November) 0.9521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9545 0.9313 0.9440
February 0.9602 0.9457 0.9512
March 0.9680 0.9510 0.9599
April 0.9631 0.9458 0.9531
May 0.9580 0.9453 0.9522
June 0.9714 0.9536 0.9617
July 0.9764 0.9664 0.9710
August 0.9806 0.9685 0.9754
September 0.9967 0.9695 0.9784
October 1.0050 0.9931 0.9991
November 1.0387 0.9994 1.0206
December 1.0380 1.0280 1.0326