YEARLY HIGH
0.3761 TOP
YEARLY LOW
0.3419 TOP
YEARLY AVERAGE
0.3605 TOP

2021 DKK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3761. Conversely, the yearly low was recorded on November 22, dropping to 0.3419.

This high-to-low spread represents a total annual volatility of 0.0342 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3732 to the December average rate of 0.3473, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3761 was down 0.12% compared to the 2020 peak of 0.3766, 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 1,881 TOP
2020 Average 1,762 TOP
Yearly Trough Low 1,710 TOP
Transaction Impact: A difference of 171.13 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3760
0.3435
JanuMarcMayJulySeptNove

DKK to TOP 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 0.3678, compared to 0.3531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.3678
H2 Avg (Jul–Dec) 0.3531

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0115 TOP (High: 0.3723 / Low: 0.3608). On the other end, December was the most stable month, with a tight range of 0.0030 TOP (High: 0.3494 / Low: 0.3464).

March Spread (Volatile) ±0.0115
December Spread (Stable) ±0.0030

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 February and March, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3732) against the same month in 2020 (average: 0.3413), the exchange rate shifted by +0.0319 (+9.36%).

2021 Avg (January) 0.3732
2020 Avg (January) 0.3413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3761 0.3698 0.3732
February 0.3754 0.3689 0.3733
March 0.3723 0.3608 0.3648
April 0.3694 0.3623 0.3661
May 0.3705 0.3649 0.3678
June 0.3658 0.3570 0.3617
July 0.3617 0.3570 0.3590
August 0.3611 0.3556 0.3583
September 0.3594 0.3536 0.3565
October 0.3544 0.3470 0.3512
November 0.3505 0.3419 0.3462
December 0.3494 0.3464 0.3473