YEARLY HIGH
0.1268 DKK
YEARLY LOW
0.1166 DKK
YEARLY AVERAGE
0.1221 DKK

2021 GMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.1268. Conversely, the yearly low was recorded on January 6, dropping to 0.1166.

This high-to-low spread represents a total annual volatility of 0.0102 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1183 to the December average rate of 0.1252, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1268 was down 7.97% compared to the 2020 peak of 0.1378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 634 DKK
2020 Average 635 DKK
Yearly Trough Low 583 DKK
Transaction Impact: A difference of 50.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1259
0.1176
JanuMarcMayJulySeptNove

GMD 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 0.1203, compared to 0.1239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1203
H2 Avg (Jul–Dec) 0.1239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0038 DKK (High: 0.1238 / Low: 0.1200). On the other end, July was the most stable month, with a tight range of 0.0013 DKK (High: 0.1236 / Low: 0.1223).

March Spread (Volatile) ±0.0038
July Spread (Stable) ±0.0013

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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1249) against the same month in 2020 (average: 0.1214), the exchange rate shifted by +0.0034 (+2.82%).

2021 Avg (November) 0.1249
2020 Avg (November) 0.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1193 0.1166 0.1183
February 0.1206 0.1192 0.1196
March 0.1238 0.1200 0.1219
April 0.1235 0.1198 0.1216
May 0.1209 0.1186 0.1196
June 0.1227 0.1190 0.1208
July 0.1236 0.1223 0.1230
August 0.1245 0.1225 0.1235
September 0.1248 0.1211 0.1228
October 0.1250 0.1225 0.1238
November 0.1268 0.1230 0.1249
December 0.1259 0.1240 0.1252