YEARLY HIGH
0.1219 DKK
YEARLY LOW
0.1199 DKK
YEARLY AVERAGE
0.1207 DKK

2021 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.1219. Conversely, the yearly low was recorded on February 6, dropping to 0.1199.

This high-to-low spread represents a total annual volatility of 0.0020 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1207 to the December average rate of 0.1207, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1219 was down 1.32% compared to the 2020 peak of 0.1235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 609 DKK
2020 Average 605 DKK
Yearly Trough Low 599 DKK
Transaction Impact: A difference of 10.15 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1209
0.1206
JanuMarcMayJulySeptNove

MKD 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 0.1207, compared to 0.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1207
H2 Avg (Jul–Dec) 0.1208

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0019 DKK (High: 0.1218 / Low: 0.1199). On the other end, March was the most stable month, with a tight range of 0.0004 DKK (High: 0.1209 / Low: 0.1204).

February Spread (Volatile) ±0.0019
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1208) against the same month in 2020 (average: 0.1209), the exchange rate shifted by -0.0001 (-0.07%).

2021 Avg (June) 0.1208
2020 Avg (June) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1211 0.1205 0.1207
February 0.1218 0.1199 0.1206
March 0.1209 0.1204 0.1207
April 0.1215 0.1199 0.1207
May 0.1215 0.1199 0.1207
June 0.1219 0.1203 0.1208
July 0.1214 0.1205 0.1207
August 0.1213 0.1202 0.1207
September 0.1212 0.1206 0.1208
October 0.1217 0.1205 0.1208
November 0.1214 0.1203 0.1207
December 0.1217 0.1201 0.1207