2021 DKK to NOK Historical Review

YEARLY HIGH

1.4261 NOK

YEARLY LOW

1.3025 NOK

YEARLY AVERAGE

1.3674 NOK

2021 DKK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.4261. Conversely, the yearly low was recorded on October 20, dropping to 1.3025.

This high-to-low spread represents a total annual volatility of 0.1236 NOK. From a start-to-finish perspective, comparing the January average rate of 1.3943 to the December average rate of 1.3641, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4261 was down 15.59% compared to the 2020 peak of 1.6895, 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 7,131 NOK

2020 Average 7,201 NOK

Yearly Trough Low 6,512 NOK

Transaction Impact: A difference of 618.09 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4095

1.3116

JanuMarcMayJulySeptNove

DKK to NOK 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 1.3690, compared to 1.3659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 1.3690

H2 Avg (Jul–Dec) 1.3659

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0678 NOK (High: 1.3812 / Low: 1.3134). On the other end, April was the most stable month, with a tight range of 0.0271 NOK (High: 1.3611 / Low: 1.3340).

November Spread (Volatile) ±0.0678

April Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0514 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.3951) against the same month in 2020 (average: 1.4308), the exchange rate shifted by -0.0357 (-2.50%).

2021 Avg (July) 1.3951

2020 Avg (July) 1.4308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4169	1.3750	1.3943
February	1.4058	1.3689	1.3835
March	1.3864	1.3472	1.3640
April	1.3611	1.3340	1.3503
May	1.3755	1.3427	1.3570
June	1.3836	1.3535	1.3647
July	1.4261	1.3662	1.3951
August	1.4209	1.3758	1.4013
September	1.3861	1.3507	1.3712
October	1.3457	1.3025	1.3198
November	1.3812	1.3134	1.3440
December	1.3971	1.3393	1.3641