YEARLY HIGH
0.5043 GEL
YEARLY LOW
0.3577 GEL
YEARLY AVERAGE
0.4138 GEL

2022 DKK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.5043. Conversely, the yearly low was recorded on November 3, dropping to 0.3577.

This high-to-low spread represents a total annual volatility of 0.1467 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4683 to the December average rate of 0.3809, the exchange rate registered a net change of -18.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5043 was down 10.55% compared to the 2021 peak of 0.5638, 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 2,522 GEL
2021 Average 2,560 GEL
Yearly Trough Low 1,788 GEL
Transaction Impact: A difference of 733.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4883
0.3563
JanuMarcMayJulySeptNove

DKK to GEL 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 0.4479, compared to 0.3797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0682 points.

H1 Avg (Jan–Jun) 0.4479
H2 Avg (Jul–Dec) 0.3797

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0422 GEL (High: 0.5043 / Low: 0.4622). On the other end, December was the most stable month, with a tight range of 0.0123 GEL (High: 0.3886 / Low: 0.3763).

March Spread (Volatile) ±0.0422
December Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0325 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4773) against the same month in 2021 (average: 0.5337), the exchange rate shifted by -0.0564 (-10.57%).

2022 Avg (March) 0.4773
2021 Avg (March) 0.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4743 0.4562 0.4683
February 0.4802 0.4452 0.4573
March 0.5043 0.4622 0.4773
April 0.4598 0.4305 0.4448
May 0.4357 0.4086 0.4219
June 0.4307 0.4092 0.4176
July 0.4124 0.3786 0.4005
August 0.3902 0.3705 0.3769
September 0.3966 0.3654 0.3787
October 0.3772 0.3601 0.3673
November 0.3817 0.3577 0.3738
December 0.3886 0.3763 0.3809