YEARLY HIGH
0.2821 AZN
YEARLY LOW
0.2562 AZN
YEARLY AVERAGE
0.2706 AZN

2021 DKK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2821. Conversely, the yearly low was recorded on November 24, dropping to 0.2562.

This high-to-low spread represents a total annual volatility of 0.0259 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2783 to the December average rate of 0.2585, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2821 was up 0.25% compared to the 2020 peak of 0.2814, 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 1,410 AZN
2020 Average 1,304 AZN
Yearly Trough Low 1,281 AZN
Transaction Impact: A difference of 129.35 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2803
0.2566
JanuMarcMayJulySeptNove

DKK to AZN 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 0.2756, compared to 0.2656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.2756
H2 Avg (Jul–Dec) 0.2656

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0094 AZN (High: 0.2656 / Low: 0.2562). On the other end, July was the most stable month, with a tight range of 0.0027 AZN (High: 0.2719 / Low: 0.2692).

November Spread (Volatile) ±0.0094
July Spread (Stable) ±0.0027

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 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2783) against the same month in 2020 (average: 0.2530), the exchange rate shifted by +0.0253 (+10.01%).

2021 Avg (January) 0.2783
2020 Avg (January) 0.2530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2821 0.2759 0.2783
February 0.2783 0.2737 0.2766
March 0.2764 0.2681 0.2721
April 0.2776 0.2689 0.2736
May 0.2801 0.2746 0.2778
June 0.2794 0.2712 0.2753
July 0.2719 0.2692 0.2705
August 0.2715 0.2670 0.2692
September 0.2719 0.2647 0.2692
October 0.2671 0.2636 0.2651
November 0.2656 0.2562 0.2608
December 0.2600 0.2570 0.2585