YEARLY HIGH
0.9948 DKK
YEARLY LOW
0.9774 DKK
YEARLY AVERAGE
0.9878 DKK

2021 HRK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.9948. Conversely, the yearly low was recorded on April 5, dropping to 0.9774.

This high-to-low spread represents a total annual volatility of 0.0174 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9836 to the December average rate of 0.9886, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9948 was down 1.01% compared to the 2020 peak of 1.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,974 DKK
2020 Average 4,944 DKK
Yearly Trough Low 4,887 DKK
Transaction Impact: A difference of 86.78 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9933
0.9802
JanuMarcMayJulySeptNove

HRK 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 0.9849, compared to 0.9906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.9849
H2 Avg (Jul–Dec) 0.9906

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0078 DKK (High: 0.9852 / Low: 0.9774). On the other end, August was the most stable month, with a tight range of 0.0019 DKK (High: 0.9930 / Low: 0.9912).

April Spread (Volatile) ±0.0078
August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.9919) against the same month in 2020 (average: 0.9849), the exchange rate shifted by +0.0069 (+0.70%).

2021 Avg (June) 0.9919
2020 Avg (June) 0.9849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9860 0.9811 0.9836
February 0.9841 0.9805 0.9820
March 0.9825 0.9798 0.9812
April 0.9852 0.9774 0.9824
May 0.9917 0.9849 0.9884
June 0.9948 0.9903 0.9919
July 0.9936 0.9865 0.9912
August 0.9930 0.9912 0.9921
September 0.9946 0.9900 0.9922
October 0.9940 0.9881 0.9904
November 0.9911 0.9852 0.9890
December 0.9912 0.9848 0.9886