YEARLY HIGH
4.1271 HNL
YEARLY LOW
3.6334 HNL
YEARLY AVERAGE
3.8352 HNL

2021 DKK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 4.1271. Conversely, the yearly low was recorded on November 25, dropping to 3.6334.

This high-to-low spread represents a total annual volatility of 0.4937 HNL. From a start-to-finish perspective, comparing the January average rate of 3.9667 to the December average rate of 3.6917, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1271 was up 3.17% compared to the 2020 peak of 4.0002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,635 HNL
2020 Average 18,939 HNL
Yearly Trough Low 18,167 HNL
Transaction Impact: A difference of 2,468.34 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.9942
3.6642
JanuMarcMayJulySeptNove

DKK to HNL 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: JanтАУJun) was 3.9140, compared to 3.7563 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1577 points.

H1 Avg (JanтАУJun) 3.9140
H2 Avg (JulтАУDec) 3.7563

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2098 HNL (High: 4.1271 / Low: 3.9172). On the other end, October was the most stable month, with a tight range of 0.0589 HNL (High: 3.7949 / Low: 3.7360).

January Spread (Volatile) ┬▒0.2098
October Spread (Stable) ┬▒0.0589

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0960 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.9667) against the same month in 2020 (average: 3.6828), the exchange rate shifted by +0.2839 (+7.71%).

2021 Avg (January) 3.9667
2020 Avg (January) 3.6828

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4.1271 3.9172 3.9667
February 3.9787 3.9018 3.9423
March 3.9479 3.8014 3.8731
April 3.9373 3.8150 3.8743
May 3.9680 3.8919 3.9353
June 3.9577 3.8121 3.8926
July 3.8312 3.7533 3.7966
August 3.8121 3.7290 3.7643
September 3.8434 3.7608 3.8145
October 3.7949 3.7360 3.7659
November 3.7717 3.6334 3.7050
December 3.7314 3.6614 3.6917