2021 DKK to ISK Historical Review

YEARLY HIGH

21.1128 ISK

YEARLY LOW

19.6184 ISK

YEARLY AVERAGE

20.1974 ISK

2021 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 21.1128. Conversely, the yearly low was recorded on July 15, dropping to 19.6184.

This high-to-low spread represents a total annual volatility of 1.4944 ISK. From a start-to-finish perspective, comparing the January average rate of 21.0310 to the December average rate of 19.7780, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.1128 was down 5.26% compared to the 2020 peak of 22.2841, 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 105,564 ISK

2020 Average 103,637 ISK

Yearly Trough Low 98,092 ISK

Transaction Impact: A difference of 7,472.16 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.1584

19.6293

JanuMarcMayJulySeptNove

DKK to ISK 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 20.4013, compared to 19.9935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4078 points.

H1 Avg (Jan–Jun) 20.4013

H2 Avg (Jul–Dec) 19.9935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.7098 ISK (High: 20.6637 / Low: 19.9540). On the other end, June was the most stable month, with a tight range of 0.1617 ISK (High: 19.8353 / Low: 19.6736).

March Spread (Volatile) ±0.7098

June Spread (Stable) ±0.1617

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 0.4940 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4940

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 21.0310) against the same month in 2020 (average: 18.3463), the exchange rate shifted by +2.6847 (+14.63%).

2021 Avg (January) 21.0310

2020 Avg (January) 18.3463

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.1128	20.8776	21.0310
February	20.9872	20.6128	20.8618
March	20.6637	19.9540	20.3678
April	20.4234	19.9834	20.2538
May	20.3408	19.7539	20.1370
June	19.8353	19.6736	19.7567
July	20.0327	19.6184	19.7740
August	20.1931	19.7355	19.9648
September	20.4812	20.1328	20.2826
October	20.2120	19.9736	20.1239
November	20.2257	19.7153	20.0379
December	19.8528	19.6645	19.7780