YEARLY HIGH
2.5222 NAD
YEARLY LOW
2.1022 NAD
YEARLY AVERAGE
2.3041 NAD

2022 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.5222. Conversely, the yearly low was recorded on April 27, dropping to 2.1022.

This high-to-low spread represents a total annual volatility of 0.4201 NAD. From a start-to-finish perspective, comparing the January average rate of 2.3587 to the December average rate of 2.4551, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5222 was down 0.40% compared to the 2021 peak of 2.5325, 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 12,611 NAD
2021 Average 11,756 NAD
Yearly Trough Low 10,511 NAD
Transaction Impact: A difference of 2,100.31 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4828
2.1505
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 2.2640, compared to 2.3442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0802 points.

H1 Avg (Jan–Jun) 2.2640
H2 Avg (Jul–Dec) 2.3442

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2218 NAD (High: 2.3695 / Low: 2.1477). On the other end, August was the most stable month, with a tight range of 0.0673 NAD (High: 2.2991 / Low: 2.2318).

March Spread (Volatile) ±0.2218
August Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.4551) against the same month in 2021 (average: 2.4180), the exchange rate shifted by +0.0371 (+1.53%).

2022 Avg (December) 2.4551
2021 Avg (December) 2.4180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4392 2.2929 2.3587
February 2.3885 2.2754 2.3220
March 2.3695 2.1477 2.2212
April 2.2726 2.1022 2.1782
May 2.3007 2.2329 2.2632
June 2.2814 2.1791 2.2407
July 2.3345 2.1468 2.2031
August 2.2991 2.2318 2.2719
September 2.3828 2.2694 2.3362
October 2.4724 2.3451 2.3935
November 2.4350 2.3599 2.4054
December 2.5222 2.4009 2.4551