YEARLY HIGH
0.9873 DKK
YEARLY LOW
0.8341 DKK
YEARLY AVERAGE
0.9032 DKK

2022 HKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.9873. Conversely, the yearly low was recorded on January 13, dropping to 0.8341.

This high-to-low spread represents a total annual volatility of 0.1532 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8436 to the December average rate of 0.9017, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9873 was up 15.99% compared to the 2021 peak of 0.8512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 24,682 DKK
2021 Average 20,231 DKK
Yearly Trough Low 20,852 DKK
Transaction Impact: A difference of 3,830.71 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9758
0.8290
JanuMarcMayJulySeptNove

HKD 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 0.8700, compared to 0.9364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0665 points.

H1 Avg (Jan–Jun) 0.8700
H2 Avg (Jul–Dec) 0.9364

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0593 DKK (High: 0.9723 / Low: 0.9130). On the other end, February was the most stable month, with a tight range of 0.0180 DKK (High: 0.8524 / Low: 0.8345).

November Spread (Volatile) ±0.0593
February Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0339 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9565) against the same month in 2021 (average: 0.8120), the exchange rate shifted by +0.1445 (+17.80%).

2022 Avg (September) 0.9565
2021 Avg (September) 0.8120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8574 0.8341 0.8436
February 0.8524 0.8345 0.8413
March 0.8761 0.8513 0.8642
April 0.9030 0.8592 0.8773
May 0.9133 0.8799 0.8964
June 0.9100 0.8820 0.8971
July 0.9456 0.9086 0.9300
August 0.9538 0.9190 0.9372
September 0.9873 0.9353 0.9565
October 0.9768 0.9389 0.9636
November 0.9723 0.9130 0.9297
December 0.9138 0.8892 0.9017