YEARLY HIGH
0.2188 SGD
YEARLY LOW
0.2058 SGD
YEARLY AVERAGE
0.2137 SGD

2021 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.2188. Conversely, the yearly low was recorded on December 30, dropping to 0.2058.

This high-to-low spread represents a total annual volatility of 0.0130 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2170 to the December average rate of 0.2073, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2188 was down 0.16% compared to the 2020 peak of 0.2192, 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 1,094 SGD
2020 Average 1,056 SGD
Yearly Trough Low 1,029 SGD
Transaction Impact: A difference of 64.93 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2181
0.2063
JanuMarcMayJulySeptNove

DKK to SGD 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 0.2159, compared to 0.2115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.2159
H2 Avg (Jul–Dec) 0.2115

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0042 SGD (High: 0.2104 / Low: 0.2061). On the other end, February was the most stable month, with a tight range of 0.0020 SGD (High: 0.2171 / Low: 0.2150).

November Spread (Volatile) ±0.0042
February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2171) against the same month in 2020 (average: 0.2076), the exchange rate shifted by +0.0095 (+4.59%).

2021 Avg (May) 0.2171
2020 Avg (May) 0.2076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2185 0.2158 0.2170
February 0.2171 0.2150 0.2159
March 0.2161 0.2121 0.2148
April 0.2162 0.2128 0.2147
May 0.2188 0.2151 0.2171
June 0.2173 0.2145 0.2159
July 0.2164 0.2140 0.2154
August 0.2161 0.2134 0.2144
September 0.2144 0.2114 0.2133
October 0.2120 0.2096 0.2106
November 0.2104 0.2061 0.2082
December 0.2088 0.2058 0.2073