2021 DKK to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 DKK to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the DKK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 251.0966. Conversely, the yearly low was recorded on November 25, dropping to 227.8976.
This high-to-low spread represents a total annual volatility of 23.1990 LBP. From a start-to-finish perspective, comparing the January average rate of 248.1351 to the December average rate of 230.9347, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 251.0966 was up 0.13% compared to the 2020 peak of 250.7630, 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 2021.
DKK to LBP 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 246.0745, compared to 237.3451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.7294 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 10.7885 LBP (High: 238.6861 / Low: 227.8976). On the other end, February was the most stable month, with a tight range of 3.3595 LBP (High: 248.4185 / Low: 245.0590).
Growth Streaks & Declines
TrendsBetween March and May, 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 4.5522 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 248.1351) against the same month in 2020 (average: 224.8810), the exchange rate shifted by +23.2541 (+10.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 251.0966 | 245.5328 | 248.1351 |
| February | 248.4185 | 245.0590 | 246.4988 |
| March | 248.1971 | 238.7142 | 243.2311 |
| April | 248.6760 | 238.5495 | 243.7977 |
| May | 250.7414 | 245.6342 | 248.4256 |
| June | 250.3816 | 241.1655 | 246.3586 |
| July | 244.6596 | 239.2299 | 241.8064 |
| August | 242.5848 | 237.3235 | 239.7336 |
| September | 242.7661 | 236.3378 | 240.4387 |
| October | 238.7153 | 234.4945 | 237.3341 |
| November | 238.6861 | 227.8976 | 233.8231 |
| December | 233.4939 | 228.2577 | 230.9347 |