YEARLY HIGH
0.0683 DKK
YEARLY LOW
0.0650 DKK
YEARLY AVERAGE
0.0672 DKK

2021 CVE to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.0683. Conversely, the yearly low was recorded on June 28, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0033 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0672 to the December average rate of 0.0671, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0683 was down 0.71% compared to the 2020 peak of 0.0688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 342 DKK
2020 Average 336 DKK
Yearly Trough Low 325 DKK
Transaction Impact: A difference of 16.39 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0674
0.0671
JanuMarcMayJulySeptNove

CVE 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 0.0672, compared to 0.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0672
H2 Avg (Jul–Dec) 0.0672

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0033 DKK (High: 0.0683 / Low: 0.0650). On the other end, December was the most stable month, with a tight range of 0.0004 DKK (High: 0.0673 / Low: 0.0669).

June Spread (Volatile) ±0.0033
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0672) against the same month in 2020 (average: 0.0673), the exchange rate shifted by -0.0002 (-0.22%).

2021 Avg (June) 0.0672
2020 Avg (June) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0674 0.0668 0.0672
February 0.0674 0.0669 0.0672
March 0.0674 0.0668 0.0672
April 0.0677 0.0666 0.0671
May 0.0677 0.0662 0.0671
June 0.0683 0.0650 0.0672
July 0.0674 0.0667 0.0671
August 0.0677 0.0670 0.0674
September 0.0676 0.0671 0.0673
October 0.0680 0.0668 0.0673
November 0.0681 0.0668 0.0673
December 0.0673 0.0669 0.0671