YEARLY HIGH
41.5310 YER
YEARLY LOW
37.6996 YER
YEARLY AVERAGE
39.8236 YER

2021 DKK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 41.5310. Conversely, the yearly low was recorded on November 24, dropping to 37.6996.

This high-to-low spread represents a total annual volatility of 3.8314 YER. From a start-to-finish perspective, comparing the January average rate of 40.9644 to the December average rate of 38.0426, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 41.5310 was up 0.37% compared to the 2020 peak of 41.3768, 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 207,655 YER
2020 Average 191,729 YER
Yearly Trough Low 188,498 YER
Transaction Impact: A difference of 19,157.01 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

41.2565
37.7505
JanuMarcMayJulySeptNove

DKK to YER 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 40.5564, compared to 39.0907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4656 points.

H1 Avg (Jan–Jun) 40.5564
H2 Avg (Jul–Dec) 39.0907

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.3824 YER (High: 39.0820 / Low: 37.6996). On the other end, July was the most stable month, with a tight range of 0.3936 YER (High: 39.9821 / Low: 39.5885).

November Spread (Volatile) ±1.3824
July Spread (Stable) ±0.3936

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 September and October, when the average rate fell by 0.6952 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 40.9644) against the same month in 2020 (average: 37.1962), the exchange rate shifted by +3.7682 (+10.13%).

2021 Avg (January) 40.9644
2020 Avg (January) 37.1962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.5310 40.6168 40.9644
February 40.9719 40.2850 40.7175
March 40.6929 39.4609 40.0527
April 40.8684 39.5850 40.2717
May 41.1735 40.4341 40.8584
June 41.0717 39.8905 40.4735
July 39.9821 39.5885 39.7917
August 39.9234 39.2531 39.6169
September 40.0956 38.9472 39.7050
October 39.3000 38.7810 39.0098
November 39.0820 37.6996 38.3785
December 38.2698 37.8148 38.0426