YEARLY HIGH
0.1412 DKK
YEARLY LOW
0.1121 DKK
YEARLY AVERAGE
0.1280 DKK

2022 GMD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.1412. Conversely, the yearly low was recorded on December 30, dropping to 0.1121.

This high-to-low spread represents a total annual volatility of 0.0291 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1245 to the December average rate of 0.1132, the exchange rate registered a net change of -9.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1412 was up 11.35% compared to the 2021 peak of 0.1268, 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 706 DKK
2021 Average 610 DKK
Yearly Trough Low 561 DKK
Transaction Impact: A difference of 145.26 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1393
0.1108
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 0.1271, compared to 0.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1271
H2 Avg (Jul–Dec) 0.1288

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0152 DKK (High: 0.1303 / Low: 0.1151). On the other end, December was the most stable month, with a tight range of 0.0020 DKK (High: 0.1141 / Low: 0.1121).

November Spread (Volatile) ±0.0152
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0144 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1370) against the same month in 2021 (average: 0.1228), the exchange rate shifted by +0.0141 (+11.49%).

2022 Avg (September) 0.1370
2021 Avg (September) 0.1228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1270 0.1227 0.1245
February 0.1253 0.1226 0.1235
March 0.1285 0.1235 0.1263
April 0.1316 0.1249 0.1275
May 0.1338 0.1276 0.1304
June 0.1319 0.1279 0.1302
July 0.1373 0.1318 0.1351
August 0.1378 0.1325 0.1353
September 0.1412 0.1347 0.1370
October 0.1378 0.1269 0.1334
November 0.1303 0.1151 0.1191
December 0.1141 0.1121 0.1132