2021 DKK to TRY Historical Review

YEARLY HIGH

2.5201 TRY

YEARLY LOW

1.1295 TRY

YEARLY AVERAGE

1.4074 TRY

2021 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.5201. Conversely, the yearly low was recorded on February 17, dropping to 1.1295.

This high-to-low spread represents a total annual volatility of 1.3906 TRY. From a start-to-finish perspective, comparing the January average rate of 1.2108 to the December average rate of 2.0458, the exchange rate registered a net change of 68.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5201 was up 85.52% compared to the 2020 peak of 1.3584, 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 12,600 TRY

2020 Average 5,395 TRY

Yearly Trough Low 5,647 TRY

Transaction Impact: A difference of 6,953.14 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1348

1.0663

JanuMarcMayJulySeptNove

DKK to TRY 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 1.2802, compared to 1.5346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2544 points.

H1 Avg (Jan–Jun) 1.2802

H2 Avg (Jul–Dec) 1.5346

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.8921 TRY (High: 2.5201 / Low: 1.6280). On the other end, January was the most stable month, with a tight range of 0.0361 TRY (High: 1.2232 / Low: 1.1871).

December Spread (Volatile) ±0.8921

January Spread (Stable) ±0.0361

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 January and February, when the average rate fell by 0.0554 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.0458) against the same month in 2020 (average: 1.2600), the exchange rate shifted by +0.7858 (+62.36%).

2021 Avg (December) 2.0458

2020 Avg (December) 1.2600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2232	1.1871	1.2108
February	1.2067	1.1295	1.1553
March	1.3129	1.1556	1.2309
April	1.3687	1.2865	1.3162
May	1.4062	1.3398	1.3704
June	1.4210	1.3656	1.3978
July	1.3867	1.3488	1.3669
August	1.3655	1.3211	1.3420
September	1.4000	1.3212	1.3566
October	1.5209	1.3788	1.4406
November	2.0577	1.4885	1.6559
December	2.5201	1.6280	2.0458