YEARLY HIGH
0.6039 QAR
YEARLY LOW
0.5485 QAR
YEARLY AVERAGE
0.5797 QAR

2021 DKK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.6039. Conversely, the yearly low was recorded on November 24, dropping to 0.5485.

This high-to-low spread represents a total annual volatility of 0.0554 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5959 to the December average rate of 0.5536, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6039 was up 0.35% compared to the 2020 peak of 0.6018, 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 3,019 QAR
2020 Average 2,789 QAR
Yearly Trough Low 2,743 QAR
Transaction Impact: A difference of 276.91 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6002
0.5493
JanuMarcMayJulySeptNove

DKK to QAR 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 0.5901, compared to 0.5694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.5901
H2 Avg (Jul–Dec) 0.5694

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0241 QAR (High: 0.5891 / Low: 0.5649). On the other end, December was the most stable month, with a tight range of 0.0066 QAR (High: 0.5568 / Low: 0.5502).

September Spread (Volatile) ±0.0241
December Spread (Stable) ±0.0066

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 September and October, when the average rate fell by 0.0101 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5959) against the same month in 2020 (average: 0.5410), the exchange rate shifted by +0.0549 (+10.16%).

2021 Avg (January) 0.5959
2020 Avg (January) 0.5410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6039 0.5910 0.5959
February 0.5958 0.5858 0.5921
March 0.5917 0.5739 0.5826
April 0.5942 0.5756 0.5855
May 0.5997 0.5879 0.5948
June 0.5982 0.5808 0.5895
July 0.5904 0.5763 0.5798
August 0.5910 0.5728 0.5789
September 0.5891 0.5649 0.5778
October 0.5718 0.5643 0.5677
November 0.5686 0.5485 0.5585
December 0.5568 0.5502 0.5536