YEARLY HIGH
28.3768 LRD
YEARLY LOW
21.4371 LRD
YEARLY AVERAGE
26.4864 LRD

2021 DKK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 28.3768. Conversely, the yearly low was recorded on December 14, dropping to 21.4371.

This high-to-low spread represents a total annual volatility of 6.9398 LRD. From a start-to-finish perspective, comparing the January average rate of 27.5306 to the December average rate of 21.6773, the exchange rate registered a net change of -21.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 28.3768 was down 11.26% compared to the 2020 peak of 31.9767, 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 141,884 LRD
2020 Average 146,597 LRD
Yearly Trough Low 107,185 LRD
Transaction Impact: A difference of 34,698.90 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.7039
21.0385
JanuMarcMayJulySeptNove

DKK to LRD 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 27.8225, compared to 25.1503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6722 points.

H1 Avg (Jan–Jun) 27.8225
H2 Avg (Jul–Dec) 25.1503

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 3.1855 LRD (High: 26.7209 / Low: 23.5354). On the other end, July was the most stable month, with a tight range of 0.2820 LRD (High: 27.4407 / Low: 27.1588).

October Spread (Volatile) ±3.1855
July Spread (Stable) ±0.2820

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 3.1891 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.1891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 28.0651) against the same month in 2020 (average: 28.7211), the exchange rate shifted by -0.6559 (-2.28%).

2021 Avg (February) 28.0651
2020 Avg (February) 28.7211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9015 26.9549 27.5306
February 28.3768 27.6290 28.0651
March 28.2567 27.2911 27.7684
April 28.0901 27.3518 27.7659
May 28.2697 27.7742 28.0634
June 28.1670 27.3358 27.7415
July 27.4407 27.1588 27.2854
August 27.4004 26.9473 27.1726
September 27.4683 26.6132 27.1473
October 26.7209 23.5354 25.4041
November 23.4091 21.4748 22.2151
December 22.1935 21.4371 21.6773