YEARLY HIGH
0.1659 USD
YEARLY LOW
0.1506 USD
YEARLY AVERAGE
0.1591 USD

2021 DKK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1659. Conversely, the yearly low was recorded on November 24, dropping to 0.1506.

This high-to-low spread represents a total annual volatility of 0.0152 USD. From a start-to-finish perspective, comparing the January average rate of 0.1636 to the December average rate of 0.1520, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1659 was up 0.35% compared to the 2020 peak of 0.1653, 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 829 USD
2020 Average 766 USD
Yearly Trough Low 753 USD
Transaction Impact: A difference of 76.05 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1648
0.1509
JanuMarcMayJulySeptNove

DKK to USD 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 0.1620, compared to 0.1561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1620
H2 Avg (Jul–Dec) 0.1561

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0055 USD (High: 0.1562 / Low: 0.1506). On the other end, July was the most stable month, with a tight range of 0.0016 USD (High: 0.1599 / Low: 0.1583).

November Spread (Volatile) ±0.0055
July Spread (Stable) ±0.0016

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 June and July, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1636) against the same month in 2020 (average: 0.1486), the exchange rate shifted by +0.0150 (+10.11%).

2021 Avg (January) 0.1636
2020 Avg (January) 0.1486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1659 0.1622 0.1636
February 0.1636 0.1609 0.1626
March 0.1625 0.1576 0.1600
April 0.1632 0.1581 0.1608
May 0.1647 0.1615 0.1633
June 0.1643 0.1594 0.1618
July 0.1599 0.1583 0.1590
August 0.1596 0.1570 0.1583
September 0.1598 0.1556 0.1583
October 0.1570 0.1550 0.1559
November 0.1562 0.1506 0.1534
December 0.1529 0.1511 0.1520