YEARLY HIGH
19.4953 NPR
YEARLY LOW
17.9226 NPR
YEARLY AVERAGE
18.7972 NPR

2021 DKK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 19.4953. Conversely, the yearly low was recorded on November 24, dropping to 17.9226.

This high-to-low spread represents a total annual volatility of 1.5727 NPR. From a start-to-finish perspective, comparing the January average rate of 19.1387 to the December average rate of 18.3232, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.4953 was up 0.13% compared to the 2020 peak of 19.4694, 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 97,476 NPR
2020 Average 90,762 NPR
Yearly Trough Low 89,613 NPR
Transaction Impact: A difference of 7,863.49 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.2259
18.1794
JanuMarcMayJulySeptNove

DKK to NPR 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 18.9940, compared to 18.6003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3937 points.

H1 Avg (Jan–Jun) 18.9940
H2 Avg (Jul–Dec) 18.6003

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.9701 NPR (High: 19.4953 / Low: 18.5252). On the other end, July was the most stable month, with a tight range of 0.2100 NPR (High: 19.0475 / Low: 18.8375).

April Spread (Volatile) ±0.9701
July Spread (Stable) ±0.2100

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 October and November, when the average rate fell by 0.4066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 19.1273) against the same month in 2020 (average: 17.7413), the exchange rate shifted by +1.3861 (+7.81%).

2021 Avg (April) 19.1273
2020 Avg (April) 17.7413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3947 18.9401 19.1387
February 19.0251 18.7462 18.9107
March 19.0692 18.3551 18.6061
April 19.4953 18.5252 19.1273
May 19.2654 19.0044 19.1337
June 19.2055 18.8659 19.0477
July 19.0475 18.8375 18.9456
August 18.9908 18.5220 18.7718
September 18.7266 18.4772 18.6215
October 18.8093 18.4899 18.6732
November 18.6870 17.9226 18.2666
December 18.5441 18.1236 18.3232