2021 MAD to DKK Historical Review

YEARLY HIGH

0.7170 DKK

YEARLY LOW

0.6815 DKK

YEARLY AVERAGE

0.6995 DKK

2021 MAD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7170. Conversely, the yearly low was recorded on January 3, dropping to 0.6815.

This high-to-low spread represents a total annual volatility of 0.0355 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6863 to the December average rate of 0.7107, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7170 was up 0.56% compared to the 2020 peak of 0.7130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,585 DKK

2020 Average 3,443 DKK

Yearly Trough Low 3,408 DKK

Transaction Impact: A difference of 177.35 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7144

0.6838

JanuMarcMayJulySeptNove

MAD 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 0.6918, compared to 0.7072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.6918

H2 Avg (Jul–Dec) 0.7072

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0150 DKK (High: 0.7040 / Low: 0.6889). On the other end, February was the most stable month, with a tight range of 0.0048 DKK (High: 0.6901 / Low: 0.6852).

June Spread (Volatile) ±0.0150

February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0028 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.7119) against the same month in 2020 (average: 0.6884), the exchange rate shifted by +0.0235 (+3.42%).

2021 Avg (November) 0.7119

2020 Avg (November) 0.6884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6937	0.6815	0.6863
February	0.6901	0.6852	0.6875
March	0.6999	0.6887	0.6941
April	0.6991	0.6885	0.6943
May	0.6949	0.6871	0.6915
June	0.7040	0.6889	0.6970
July	0.7058	0.7008	0.7033
August	0.7080	0.7017	0.7045
September	0.7106	0.7011	0.7045
October	0.7128	0.7033	0.7085
November	0.7170	0.7054	0.7119
December	0.7157	0.7046	0.7107