2022 DKK to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 DKK to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the DKK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 8.9170. Conversely, the yearly low was recorded on September 26, dropping to 7.0823.
This high-to-low spread represents a total annual volatility of 1.8347 GMD. From a start-to-finish perspective, comparing the January average rate of 8.0337 to the December average rate of 8.8371, the exchange rate registered a net change of 10.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.9170 was up 3.99% compared to the 2021 peak of 8.5749, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
DKK to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.8738, compared to 7.8071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0667 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 1.0112 GMD (High: 8.6887 / Low: 7.6775). On the other end, December was the most stable month, with a tight range of 0.1562 GMD (High: 8.9170 / Low: 8.7608).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 0.2788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 8.8371) against the same month in 2021 (average: 7.9855), the exchange rate shifted by +0.8517 (+10.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.1517 | 7.8757 | 8.0337 |
| February | 8.1588 | 7.9819 | 8.0975 |
| March | 8.0962 | 7.7818 | 7.9171 |
| April | 8.0077 | 7.6002 | 7.8417 |
| May | 7.8376 | 7.4763 | 7.6697 |
| June | 7.8190 | 7.5807 | 7.6831 |
| July | 7.5865 | 7.2829 | 7.4042 |
| August | 7.5453 | 7.2545 | 7.3927 |
| September | 7.4237 | 7.0823 | 7.3024 |
| October | 7.8772 | 7.2587 | 7.4987 |
| November | 8.6887 | 7.6775 | 8.4077 |
| December | 8.9170 | 8.7608 | 8.8371 |