YEARLY HIGH
0.4223 DKK
YEARLY LOW
0.3840 DKK
YEARLY AVERAGE
0.4007 DKK

2021 EGP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4223. Conversely, the yearly low was recorded on January 6, dropping to 0.3840.

This high-to-low spread represents a total annual volatility of 0.0382 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3890 to the December average rate of 0.4185, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4223 was down 5.31% compared to the 2020 peak of 0.4459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 2,111 DKK
2020 Average 2,068 DKK
Yearly Trough Low 1,920 DKK
Transaction Impact: A difference of 191.10 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4215
0.3860
JanuMarcMayJulySeptNove

EGP to DKK 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 0.3935, compared to 0.4079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.3935
H2 Avg (Jul–Dec) 0.4079

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0151 DKK (High: 0.4223 / Low: 0.4071). On the other end, December was the most stable month, with a tight range of 0.0042 DKK (High: 0.4204 / Low: 0.4162).

November Spread (Volatile) ±0.0151
December Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4148) against the same month in 2020 (average: 0.4017), the exchange rate shifted by +0.0132 (+3.28%).

2021 Avg (November) 0.4148
2020 Avg (November) 0.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3934 0.3840 0.3890
February 0.3960 0.3895 0.3925
March 0.4036 0.3923 0.3981
April 0.4031 0.3913 0.3962
May 0.3953 0.3874 0.3908
June 0.4007 0.3882 0.3944
July 0.4031 0.3982 0.4009
August 0.4057 0.3989 0.4024
September 0.4087 0.3985 0.4022
October 0.4108 0.4053 0.4083
November 0.4223 0.4071 0.4148
December 0.4204 0.4162 0.4185