YEARLY HIGH
0.4547 DKK
YEARLY LOW
0.3953 DKK
YEARLY AVERAGE
0.4260 DKK

2021 SZL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.4547. Conversely, the yearly low was recorded on January 11, dropping to 0.3953.

This high-to-low spread represents a total annual volatility of 0.0594 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4050 to the December average rate of 0.4144, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4547 was down 4.90% compared to the 2020 peak of 0.4781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,273 DKK
2020 Average 1,997 DKK
Yearly Trough Low 1,977 DKK
Transaction Impact: A difference of 296.77 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4501
0.4009
JanuMarcMayJulySeptNove

SZL 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 0.4250, compared to 0.4271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4250
H2 Avg (Jul–Dec) 0.4271

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0241 DKK (High: 0.4317 / Low: 0.4076). On the other end, April was the most stable month, with a tight range of 0.0099 DKK (High: 0.4357 / Low: 0.4257).

November Spread (Volatile) ±0.0241
April Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0118 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4460) against the same month in 2020 (average: 0.3868), the exchange rate shifted by +0.0592 (+15.29%).

2021 Avg (June) 0.4460
2020 Avg (June) 0.3868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4164 0.3953 0.4050
February 0.4245 0.4095 0.4163
March 0.4264 0.4041 0.4172
April 0.4357 0.4257 0.4305
May 0.4428 0.4274 0.4352
June 0.4547 0.4356 0.4460
July 0.4427 0.4229 0.4342
August 0.4373 0.4152 0.4268
September 0.4467 0.4228 0.4346
October 0.4422 0.4213 0.4315
November 0.4317 0.4076 0.4209
December 0.4225 0.4063 0.4144