YEARLY HIGH
21.9138 DKK
YEARLY LOW
19.8724 DKK
YEARLY AVERAGE
20.8436 DKK

2021 KWD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 21.9138. Conversely, the yearly low was recorded on January 6, dropping to 19.8724.

This high-to-low spread represents a total annual volatility of 2.0415 DKK. From a start-to-finish perspective, comparing the January average rate of 20.1587 to the December average rate of 21.7257, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.9138 was down 3.31% compared to the 2020 peak of 22.6640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,569 DKK
2020 Average 106,569 DKK
Yearly Trough Low 99,362 DKK
Transaction Impact: A difference of 10,207.32 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.8824
20.0019
JanuMarcMayJulySeptNove

KWD 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 20.4411, compared to 21.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8050 points.

H1 Avg (Jan–Jun) 20.4411
H2 Avg (Jul–Dec) 21.2460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6876 DKK (High: 21.9138 / Low: 21.2263). On the other end, December was the most stable month, with a tight range of 0.2199 DKK (High: 21.8352 / Low: 21.6153).

November Spread (Volatile) ±0.6876
December Spread (Stable) ±0.2199

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 0.2738 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 21.5729) against the same month in 2020 (average: 20.5690), the exchange rate shifted by +1.0040 (+4.88%).

2021 Avg (November) 21.5729
2020 Avg (November) 20.5690

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3166 19.8724 20.1587
February 20.5071 20.1882 20.3160
March 20.9956 20.3182 20.6732
April 20.9444 20.3636 20.6206
May 20.5483 20.1950 20.3468
June 20.8477 20.2375 20.5311
July 21.0179 20.7919 20.8992
August 21.1527 20.8539 21.0082
September 21.3010 20.8133 21.0007
October 21.3790 21.1180 21.2695
November 21.9138 21.2263 21.5729
December 21.8352 21.6153 21.7257