YEARLY HIGH
6510.9015 IRR
YEARLY LOW
5464.3645 IRR
YEARLY AVERAGE
5988.9464 IRR

2022 DKK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 6510.9015. Conversely, the yearly low was recorded on September 27, dropping to 5464.3645.

This high-to-low spread represents a total annual volatility of 1046.5370 IRR. From a start-to-finish perspective, comparing the January average rate of 6429.6321 to the December average rate of 5940.0744, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 6510.9015 was down 6.77% compared to the 2021 peak of 6983.4742, 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 32,554,508 IRR
2021 Average 33,528,120 IRR
Yearly Trough Low 27,321,823 IRR
Transaction Impact: A difference of 5,232,684.86 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6524.9348
5515.2740
JanuMarcMayJulySeptNove

DKK to IRR 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 6217.6462, compared to 5760.2465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 457.3997 points.

H1 Avg (Jan–Jun) 6217.6462
H2 Avg (Jul–Dec) 5760.2465

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 407.0033 IRR (High: 5948.9609 / Low: 5541.9576). On the other end, February was the most stable month, with a tight range of 173.5369 IRR (High: 6510.9015 / Low: 6337.3646).

November Spread (Volatile) ±407.0033
February Spread (Stable) ±173.5369

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 June and July, when the average rate fell by 211.4226 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -211.4226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 6440.7964) against the same month in 2021 (average: 6847.3768), the exchange rate shifted by -406.5803 (-5.94%).

2022 Avg (February) 6440.7964
2021 Avg (February) 6847.3768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6504.4200 6325.9867 6429.6321
February 6510.9015 6337.3646 6440.7964
March 6355.3901 6165.1819 6253.9111
April 6291.7843 5970.1071 6153.1980
May 6139.7666 5907.1013 6015.2493
June 6113.6002 5914.7989 6013.0902
July 5939.8581 5705.2543 5801.6676
August 5875.4276 5657.9864 5757.7237
September 5761.8791 5464.3645 5639.5699
October 5753.5104 5516.2794 5599.4124
November 5948.9609 5541.9576 5823.0312
December 6023.8363 5849.4175 5940.0744