YEARLY HIGH
0.6092 AED
YEARLY LOW
0.5533 AED
YEARLY AVERAGE
0.5844 AED

2021 DKK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6092. Conversely, the yearly low was recorded on November 24, dropping to 0.5533.

This high-to-low spread represents a total annual volatility of 0.0559 AED. From a start-to-finish perspective, comparing the January average rate of 0.6009 to the December average rate of 0.5584, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6092 was up 0.35% compared to the 2020 peak of 0.6071, 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 3,046 AED
2020 Average 2,813 AED
Yearly Trough Low 2,767 AED
Transaction Impact: A difference of 279.27 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6052
0.5541
JanuMarcMayJulySeptNove

DKK to AED 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 0.5952, compared to 0.5735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.5952
H2 Avg (Jul–Dec) 0.5735

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0203 AED (High: 0.5737 / Low: 0.5533). On the other end, July was the most stable month, with a tight range of 0.0058 AED (High: 0.5872 / Low: 0.5814).

November Spread (Volatile) ±0.0203
July Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6009) against the same month in 2020 (average: 0.5458), the exchange rate shifted by +0.0552 (+10.11%).

2021 Avg (January) 0.6009
2020 Avg (January) 0.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6092 0.5958 0.6009
February 0.6010 0.5911 0.5973
March 0.5969 0.5790 0.5876
April 0.5995 0.5807 0.5908
May 0.6050 0.5931 0.6000
June 0.6035 0.5857 0.5945
July 0.5872 0.5814 0.5841
August 0.5864 0.5767 0.5813
September 0.5871 0.5717 0.5814
October 0.5769 0.5692 0.5726
November 0.5737 0.5533 0.5633
December 0.5617 0.5550 0.5584