2021 DKK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |