YEARLY HIGH
6.6380 DKK
YEARLY LOW
6.0292 DKK
YEARLY AVERAGE
6.2893 DKK

2021 JEP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JEP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.6380. Conversely, the yearly low was recorded on January 6, dropping to 6.0292.

This high-to-low spread represents a total annual volatility of 0.6088 DKK. From a start-to-finish perspective, comparing the January average rate of 6.1124 to the December average rate of 6.5779, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.6380 was down 5.35% compared to the 2020 peak of 7.0132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,190 DKK
2020 Average 32,695 DKK
Yearly Trough Low 30,146 DKK
Transaction Impact: A difference of 3,043.85 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6245
6.0659
JanuMarcMayJulySeptNove

JEP 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 6.1721, compared to 6.4066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2345 points.

H1 Avg (Jan–Jun) 6.1721
H2 Avg (Jul–Dec) 6.4066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2348 DKK (High: 6.6380 / Low: 6.4032). On the other end, July was the most stable month, with a tight range of 0.0628 DKK (High: 6.3181 / Low: 6.2553).

November Spread (Volatile) ±0.2348
July Spread (Stable) ±0.0628

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0954 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.5216) against the same month in 2020 (average: 6.2867), the exchange rate shifted by +0.2350 (+3.74%).

2021 Avg (November) 6.5216
2020 Avg (November) 6.2867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.1643 6.0292 6.1124
February 6.2145 6.1115 6.1491
March 6.3443 6.1534 6.2513
April 6.3250 6.1276 6.2177
May 6.1928 6.0719 6.1223
June 6.2720 6.0869 6.1796
July 6.3181 6.2553 6.2883
August 6.3689 6.2645 6.3188
September 6.4254 6.2563 6.3177
October 6.4529 6.3677 6.4151
November 6.6380 6.4032 6.5216
December 6.6178 6.5391 6.5779