YEARLY HIGH
1.0738 CNY
YEARLY LOW
0.9628 CNY
YEARLY AVERAGE
1.0265 CNY

2021 DKK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0738. Conversely, the yearly low was recorded on November 25, dropping to 0.9628.

This high-to-low spread represents a total annual volatility of 0.1110 CNY. From a start-to-finish perspective, comparing the January average rate of 1.0593 to the December average rate of 0.9684, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0738 was down 3.94% compared to the 2020 peak of 1.1178, 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 5,369 CNY
2020 Average 5,281 CNY
Yearly Trough Low 4,814 CNY
Transaction Impact: A difference of 555.00 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0684
0.9593
JanuMarcMayJulySeptNove

DKK to CNY 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 1.0486, compared to 1.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0442 points.

H1 Avg (Jan–Jun) 1.0486
H2 Avg (Jul–Dec) 1.0044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0378 CNY (High: 1.0006 / Low: 0.9628). On the other end, December was the most stable month, with a tight range of 0.0094 CNY (High: 0.9728 / Low: 0.9634).

November Spread (Volatile) ±0.0378
December Spread (Stable) ±0.0094

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 September and October, when the average rate fell by 0.0212 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0593) against the same month in 2020 (average: 1.0289), the exchange rate shifted by +0.0305 (+2.96%).

2021 Avg (January) 1.0593
2020 Avg (January) 1.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0738 1.0477 1.0593
February 1.0574 1.0414 1.0514
March 1.0515 1.0331 1.0418
April 1.0573 1.0383 1.0492
May 1.0579 1.0439 1.0502
June 1.0487 1.0295 1.0399
July 1.0348 1.0241 1.0299
August 1.0325 1.0197 1.0253
September 1.0314 1.0033 1.0221
October 1.0069 0.9950 1.0010
November 1.0006 0.9628 0.9799
December 0.9728 0.9634 0.9684