YEARLY HIGH
645.2426 MGA
YEARLY LOW
594.9429 MGA
YEARLY AVERAGE
612.6854 MGA

2021 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 645.2426. Conversely, the yearly low was recorded on December 23, dropping to 594.9429.

This high-to-low spread represents a total annual volatility of 50.2997 MGA. From a start-to-finish perspective, comparing the January average rate of 623.0195 to the December average rate of 603.1373, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 645.2426 was up 0.61% compared to the 2020 peak of 641.3622, 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 3,226,213 MGA
2020 Average 2,919,377 MGA
Yearly Trough Low 2,974,714 MGA
Transaction Impact: A difference of 251,498.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

625.0077
601.1491
JanuMarcMayJulySeptNove

DKK to MGA 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 612.3531, compared to 613.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6646 points.

H1 Avg (Jan–Jun) 612.3531
H2 Avg (Jul–Dec) 613.0177

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 35.0698 MGA (High: 645.2426 / Low: 610.1728). On the other end, May was the most stable month, with a tight range of 8.9030 MGA (High: 618.6242 / Low: 609.7212).

January Spread (Volatile) ±35.0698
May Spread (Stable) ±8.9030

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 11.1502 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.1502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 623.0195) against the same month in 2020 (average: 546.9306), the exchange rate shifted by +76.0889 (+13.91%).

2021 Avg (January) 623.0195
2020 Avg (January) 546.9306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 645.2426 610.1728 623.0195
February 616.5730 601.1602 611.8694
March 609.6903 598.5680 603.6895
April 619.9369 599.2095 609.5062
May 618.6242 609.7212 614.2644
June 629.4868 598.8764 611.7695
July 624.0621 597.0771 610.4412
August 622.2899 603.2503 615.7118
September 627.2002 615.3511 621.9136
October 624.3649 608.5753 616.7291
November 620.2283 600.1792 610.1729
December 606.8470 594.9429 603.1373