YEARLY HIGH
0.3317 BBD
YEARLY LOW
0.3013 BBD
YEARLY AVERAGE
0.3182 BBD

2021 DKK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3317. Conversely, the yearly low was recorded on November 24, dropping to 0.3013.

This high-to-low spread represents a total annual volatility of 0.0304 BBD. From a start-to-finish perspective, comparing the January average rate of 0.3272 to the December average rate of 0.3040, 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 0.3317 was up 0.35% compared to the 2020 peak of 0.3306, 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 1,659 BBD
2020 Average 1,532 BBD
Yearly Trough Low 1,506 BBD
Transaction Impact: A difference of 152.11 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3295
0.3017
JanuMarcMayJulySeptNove

DKK to BBD 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 0.3241, compared to 0.3123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.3241
H2 Avg (Jul–Dec) 0.3123

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0110 BBD (High: 0.3123 / Low: 0.3013). On the other end, July was the most stable month, with a tight range of 0.0032 BBD (High: 0.3197 / Low: 0.3166).

November Spread (Volatile) ±0.0110
July Spread (Stable) ±0.0032

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 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3272) against the same month in 2020 (average: 0.2972), the exchange rate shifted by +0.0300 (+10.11%).

2021 Avg (January) 0.3272
2020 Avg (January) 0.2972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3317 0.3244 0.3272
February 0.3273 0.3218 0.3253
March 0.3250 0.3152 0.3200
April 0.3264 0.3162 0.3217
May 0.3294 0.3230 0.3267
June 0.3286 0.3189 0.3237
July 0.3197 0.3166 0.3181
August 0.3193 0.3140 0.3165
September 0.3197 0.3113 0.3166
October 0.3141 0.3099 0.3118
November 0.3123 0.3013 0.3067
December 0.3059 0.3022 0.3040