YEARLY HIGH
1.1425 BOB
YEARLY LOW
1.0389 BOB
YEARLY AVERAGE
1.0983 BOB

2021 DKK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 1.1425. Conversely, the yearly low was recorded on November 24, dropping to 1.0389.

This high-to-low spread represents a total annual volatility of 0.1035 BOB. From a start-to-finish perspective, comparing the January average rate of 1.1273 to the December average rate of 1.0490, the exchange rate registered a net change of -6.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1425 was up 0.51% compared to the 2020 peak of 1.1367, 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 5,712 BOB
2020 Average 5,286 BOB
Yearly Trough Low 5,195 BOB
Transaction Impact: A difference of 517.72 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1351
1.0412
JanuMarcMayJulySeptNove

DKK to BOB 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 1.1189, compared to 1.0777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 1.1189
H2 Avg (Jul–Dec) 1.0777

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0407 BOB (High: 1.1425 / Low: 1.1018). On the other end, December was the most stable month, with a tight range of 0.0127 BOB (High: 1.0547 / Low: 1.0419).

June Spread (Volatile) ±0.0407
December Spread (Stable) ±0.0127

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 0.0220 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.1196) against the same month in 2020 (average: 1.0429), the exchange rate shifted by +0.0767 (+7.36%).

2021 Avg (June) 1.1196
2020 Avg (June) 1.0429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1396 1.1162 1.1273
February 1.1296 1.1122 1.1235
March 1.1225 1.0891 1.1050
April 1.1273 1.0907 1.1106
May 1.1367 1.1138 1.1271
June 1.1425 1.1018 1.1196
July 1.1072 1.0908 1.0977
August 1.1019 1.0846 1.0924
September 1.1034 1.0747 1.0926
October 1.0843 1.0707 1.0762
November 1.0783 1.0389 1.0582
December 1.0547 1.0419 1.0490