2021 DKK to GHS Historical Review

YEARLY HIGH

0.9725 GHS

YEARLY LOW

0.9103 GHS

YEARLY AVERAGE

0.9418 GHS

2021 DKK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.9725. Conversely, the yearly low was recorded on March 27, dropping to 0.9103.

This high-to-low spread represents a total annual volatility of 0.0622 GHS. From a start-to-finish perspective, comparing the January average rate of 0.9577 to the December average rate of 0.9339, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9725 was up 0.10% compared to the 2020 peak of 0.9715, 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 4,863 GHS

2020 Average 4,394 GHS

Yearly Trough Low 4,551 GHS

Transaction Impact: A difference of 311.20 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9615

0.9149

JanuMarcMayJulySeptNove

DKK to GHS 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 0.9386, compared to 0.9451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.9386

H2 Avg (Jul–Dec) 0.9451

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0317 GHS (High: 0.9430 / Low: 0.9114). On the other end, February was the most stable month, with a tight range of 0.0145 GHS (High: 0.9477 / Low: 0.9332).

April Spread (Volatile) ±0.0317

February Spread (Stable) ±0.0145

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 February and March, when the average rate fell by 0.0236 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.9577) against the same month in 2020 (average: 0.8399), the exchange rate shifted by +0.1178 (+14.02%).

2021 Avg (January) 0.9577

2020 Avg (January) 0.8399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9725	0.9467	0.9577
February	0.9477	0.9332	0.9424
March	0.9333	0.9103	0.9188
April	0.9430	0.9114	0.9293
May	0.9528	0.9326	0.9430
June	0.9531	0.9237	0.9405
July	0.9562	0.9327	0.9437
August	0.9592	0.9387	0.9525
September	0.9684	0.9415	0.9550
October	0.9573	0.9396	0.9463
November	0.9528	0.9240	0.9390
December	0.9415	0.9200	0.9339