YEARLY HIGH
1694.5169 GNF
YEARLY LOW
1405.3603 GNF
YEARLY AVERAGE
1566.5804 GNF

2021 DKK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1694.5169. Conversely, the yearly low was recorded on December 17, dropping to 1405.3603.

This high-to-low spread represents a total annual volatility of 289.1566 GNF. From a start-to-finish perspective, comparing the January average rate of 1669.7301 to the December average rate of 1431.0748, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1694.5169 was up 2.42% compared to the 2020 peak of 1654.4101, 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 8,472,584 GNF
2020 Average 7,372,704 GNF
Yearly Trough Low 7,026,802 GNF
Transaction Impact: A difference of 1,445,782.86 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1693.5957
1407.2093
JanuMarcMayJulySeptNove

DKK to GNF 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 1623.0537, compared to 1510.1070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 112.9466 points.

H1 Avg (Jan–Jun) 1623.0537
H2 Avg (Jul–Dec) 1510.1070

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 71.3648 GNF (High: 1500.6024 / Low: 1429.2375). On the other end, August was the most stable month, with a tight range of 23.3423 GNF (High: 1560.8869 / Low: 1537.5445).

November Spread (Volatile) ±71.3648
August Spread (Stable) ±23.3423

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 52.2845 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -52.2845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1669.7301) against the same month in 2020 (average: 1409.2810), the exchange rate shifted by +260.4492 (+18.48%).

2021 Avg (January) 1669.7301
2020 Avg (January) 1409.2810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1694.5169 1641.5501 1669.7301
February 1679.8780 1636.2163 1654.1470
March 1644.5737 1581.2766 1610.8496
April 1617.0351 1579.4466 1603.3881
May 1622.7181 1597.9816 1611.2971
June 1612.1919 1566.0340 1588.9101
July 1572.2417 1547.3670 1559.5737
August 1560.8869 1537.5445 1547.6840
September 1564.1631 1519.5104 1547.6506
October 1523.5679 1496.5649 1513.4718
November 1500.6024 1429.2375 1461.1873
December 1445.5176 1405.3603 1431.0748