2021 DKK to CAD Historical Review

YEARLY HIGH

0.2105 CAD

YEARLY LOW

0.1908 CAD

YEARLY AVERAGE

0.1994 CAD

2021 DKK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.2105. Conversely, the yearly low was recorded on November 24, dropping to 0.1908.

This high-to-low spread represents a total annual volatility of 0.0197 CAD. From a start-to-finish perspective, comparing the January average rate of 0.2082 to the December average rate of 0.1946, the exchange rate registered a net change of -6.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2105 was down 1.61% compared to the 2020 peak of 0.2139, 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 1,052 CAD

2020 Average 1,026 CAD

Yearly Trough Low 954 CAD

Transaction Impact: A difference of 98.73 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2098

0.1913

JanuMarcMayJulySeptNove

DKK to CAD 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 0.2022, compared to 0.1967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2022

H2 Avg (Jul–Dec) 0.1967

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0073 CAD (High: 0.2054 / Low: 0.1981). On the other end, June was the most stable month, with a tight range of 0.0016 CAD (High: 0.1988 / Low: 0.1973).

March Spread (Volatile) ±0.0073

June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2082) against the same month in 2020 (average: 0.1943), the exchange rate shifted by +0.0139 (+7.16%).

2021 Avg (January) 0.2082

2020 Avg (January) 0.1943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2105	0.2057	0.2082
February	0.2085	0.2047	0.2065
March	0.2054	0.1981	0.2011
April	0.2041	0.1987	0.2011
May	0.1991	0.1969	0.1981
June	0.1988	0.1973	0.1980
July	0.2021	0.1965	0.1989
August	0.2018	0.1973	0.1994
September	0.2021	0.1974	0.2005
October	0.1972	0.1924	0.1940
November	0.1947	0.1908	0.1929
December	0.1962	0.1917	0.1946