2021 DKK to NAD Historical Review

YEARLY HIGH

2.5325 NAD

YEARLY LOW

2.1903 NAD

YEARLY AVERAGE

2.3513 NAD

2021 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.5325. Conversely, the yearly low was recorded on June 19, dropping to 2.1903.

This high-to-low spread represents a total annual volatility of 0.3421 NAD. From a start-to-finish perspective, comparing the January average rate of 2.4674 to the December average rate of 2.4180, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5325 was down 11.60% compared to the 2020 peak of 2.8646, 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 12,662 NAD

2020 Average 12,612 NAD

Yearly Trough Low 10,952 NAD

Transaction Impact: A difference of 1,710.59 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4902

2.2170

JanuMarcMayJulySeptNove

DKK to NAD 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 2.3537, compared to 2.3489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 2.3537

H2 Avg (Jul–Dec) 2.3489

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2310 NAD (High: 2.4691 / Low: 2.2381). On the other end, April was the most stable month, with a tight range of 0.0555 NAD (High: 2.3605 / Low: 2.3050).

November Spread (Volatile) ±0.2310

April Spread (Stable) ±0.0555

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 January and February, when the average rate fell by 0.0715 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.4674) against the same month in 2020 (average: 2.1331), the exchange rate shifted by +0.3343 (+15.67%).

2021 Avg (January) 2.4674

2020 Avg (January) 2.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5325	2.4045	2.4674
February	2.4453	2.3589	2.3960
March	2.4797	2.3311	2.3967
April	2.3605	2.3050	2.3280
May	2.3432	2.2577	2.2941
June	2.2933	2.1903	2.2398
July	2.3724	2.2780	2.3117
August	2.4087	2.2563	2.3260
September	2.3848	2.2664	2.3466
October	2.3745	2.2544	2.3189
November	2.4691	2.2381	2.3720
December	2.4612	2.3661	2.4180