YEARLY HIGH
0.6558 PEN
YEARLY LOW
0.5749 PEN
YEARLY AVERAGE
0.6168 PEN

2021 DKK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.6558. Conversely, the yearly low was recorded on April 9, dropping to 0.5749.

This high-to-low spread represents a total annual volatility of 0.0809 PEN. From a start-to-finish perspective, comparing the January average rate of 0.5935 to the December average rate of 0.6148, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6558 was up 9.61% compared to the 2020 peak of 0.5983, 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 3,279 PEN
2020 Average 2,679 PEN
Yearly Trough Low 2,874 PEN
Transaction Impact: A difference of 404.50 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6560
0.5871
JanuMarcMayJulySeptNove

DKK to PEN 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 0.6037, compared to 0.6299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.6037
H2 Avg (Jul–Dec) 0.6299

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0484 PEN (High: 0.6233 / Low: 0.5749). On the other end, March was the most stable month, with a tight range of 0.0064 PEN (High: 0.5966 / Low: 0.5902).

April Spread (Volatile) ±0.0484
March Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between February and June, 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 0.0238 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.6503) against the same month in 2020 (average: 0.5631), the exchange rate shifted by +0.0872 (+15.48%).

2021 Avg (September) 0.6503
2020 Avg (September) 0.5631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6015 0.5860 0.5935
February 0.5974 0.5860 0.5929
March 0.5966 0.5902 0.5930
April 0.6233 0.5749 0.5936
May 0.6315 0.5942 0.6158
June 0.6421 0.6237 0.6333
July 0.6342 0.6166 0.6261
August 0.6497 0.6261 0.6454
September 0.6558 0.6434 0.6503
October 0.6454 0.6106 0.6264
November 0.6269 0.6051 0.6164
December 0.6224 0.6057 0.6148