YEARLY HIGH
2.6039 EGP
YEARLY LOW
2.3682 EGP
YEARLY AVERAGE
2.4971 EGP

2021 DKK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.6039. Conversely, the yearly low was recorded on November 24, dropping to 2.3682.

This high-to-low spread represents a total annual volatility of 0.2357 EGP. From a start-to-finish perspective, comparing the January average rate of 2.5709 to the December average rate of 2.3894, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6039 was up 0.16% compared to the 2020 peak of 2.5997, 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 13,019 EGP
2020 Average 12,109 EGP
Yearly Trough Low 11,841 EGP
Transaction Impact: A difference of 1,178.40 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5891
2.3713
JanuMarcMayJulySeptNove

DKK to EGP 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 2.5416, compared to 2.4526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0890 points.

H1 Avg (Jan–Jun) 2.5416
H2 Avg (Jul–Dec) 2.4526

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0880 EGP (High: 2.4562 / Low: 2.3682). On the other end, December was the most stable month, with a tight range of 0.0238 EGP (High: 2.4024 / Low: 2.3786).

November Spread (Volatile) ±0.0880
December Spread (Stable) ±0.0238

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 0.0409 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.5709) against the same month in 2020 (average: 2.3623), the exchange rate shifted by +0.2086 (+8.83%).

2021 Avg (January) 2.5709
2020 Avg (January) 2.3623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6039 2.5420 2.5709
February 2.5674 2.5252 2.5476
March 2.5489 2.4775 2.5122
April 2.5556 2.4808 2.5242
May 2.5815 2.5298 2.5592
June 2.5762 2.4959 2.5355
July 2.5113 2.4806 2.4946
August 2.5068 2.4649 2.4848
September 2.5095 2.4466 2.4866
October 2.4674 2.4345 2.4494
November 2.4562 2.3682 2.4109
December 2.4024 2.3786 2.3894