YEARLY HIGH
0.2318 NZD
YEARLY LOW
0.2165 NZD
YEARLY AVERAGE
0.2249 NZD

2021 DKK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2318. Conversely, the yearly low was recorded on October 31, dropping to 0.2165.

This high-to-low spread represents a total annual volatility of 0.0153 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2277 to the December average rate of 0.2241, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2318 was down 9.55% compared to the 2020 peak of 0.2562, 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 1,159 NZD
2020 Average 1,178 NZD
Yearly Trough Low 1,082 NZD
Transaction Impact: A difference of 76.31 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2289
0.2180
JanuMarcMayJulySeptNove

DKK to NZD 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 0.2261, compared to 0.2238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.2261
H2 Avg (Jul–Dec) 0.2238

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0084 NZD (High: 0.2249 / Low: 0.2165). On the other end, December was the most stable month, with a tight range of 0.0030 NZD (High: 0.2259 / Low: 0.2229).

October Spread (Volatile) ±0.0084
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2277) against the same month in 2020 (average: 0.2247), the exchange rate shifted by +0.0030 (+1.33%).

2021 Avg (January) 0.2277
2020 Avg (January) 0.2247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2259 0.2277
February 0.2265 0.2198 0.2245
March 0.2280 0.2222 0.2243
April 0.2278 0.2243 0.2259
May 0.2286 0.2237 0.2261
June 0.2300 0.2265 0.2280
July 0.2293 0.2261 0.2276
August 0.2303 0.2242 0.2269
September 0.2270 0.2229 0.2243
October 0.2249 0.2165 0.2210
November 0.2233 0.2168 0.2189
December 0.2259 0.2229 0.2241