YEARLY HIGH
0.2072 SGD
YEARLY LOW
0.1856 SGD
YEARLY AVERAGE
0.1952 SGD

2022 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.2072. Conversely, the yearly low was recorded on September 27, dropping to 0.1856.

This high-to-low spread represents a total annual volatility of 0.0216 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2055 to the December average rate of 0.1925, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2072 was down 5.29% compared to the 2021 peak of 0.2188, 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 1,036 SGD
2021 Average 1,069 SGD
Yearly Trough Low 928 SGD
Transaction Impact: A difference of 108.03 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2072
0.1865
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 0.2006, compared to 0.1898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.2006
H2 Avg (Jul–Dec) 0.1898

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0069 SGD (High: 0.1958 / Low: 0.1889). On the other end, February was the most stable month, with a tight range of 0.0031 SGD (High: 0.2070 / Low: 0.2038).

July Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.2055) against the same month in 2021 (average: 0.2170), the exchange rate shifted by -0.0115 (-5.29%).

2022 Avg (January) 0.2055
2021 Avg (January) 0.2170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2072 0.2026 0.2055
February 0.2070 0.2038 0.2054
March 0.2031 0.1989 0.2010
April 0.2016 0.1957 0.1986
May 0.1980 0.1946 0.1964
June 0.1983 0.1949 0.1967
July 0.1958 0.1889 0.1910
August 0.1901 0.1862 0.1883
September 0.1901 0.1856 0.1882
October 0.1910 0.1864 0.1882
November 0.1928 0.1863 0.1903
December 0.1946 0.1912 0.1925