YEARLY HIGH
242.2178 IQD
YEARLY LOW
219.7251 IQD
YEARLY AVERAGE
232.2895 IQD

2021 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 242.2178. Conversely, the yearly low was recorded on November 25, dropping to 219.7251.

This high-to-low spread represents a total annual volatility of 22.4926 IQD. From a start-to-finish perspective, comparing the January average rate of 239.2248 to the December average rate of 221.9779, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 242.2178 was up 0.29% compared to the 2020 peak of 241.5069, 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 1,211,089 IQD
2020 Average 917,486 IQD
Yearly Trough Low 1,098,626 IQD
Transaction Impact: A difference of 112,463.25 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

240.9495
220.2532
JanuMarcMayJulySeptNove

DKK to IQD 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 236.6905, compared to 227.8885 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 8.8020 points.

H1 Avg (JanтАУJun) 236.6905
H2 Avg (JulтАУDec) 227.8885

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 8.1835 IQD (High: 227.9086 / Low: 219.7251). On the other end, July was the most stable month, with a tight range of 2.4660 IQD (High: 233.2789 / Low: 230.8129).

November Spread (Volatile) ┬▒8.1835
July Spread (Stable) ┬▒2.4660

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 4.3204 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.3204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 239.2248) against the same month in 2020 (average: 177.1201), the exchange rate shifted by +62.1048 (+35.06%).

2021 Avg (January) 239.2248
2020 Avg (January) 177.1201

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 242.2178 237.0638 239.2248
February 238.9899 234.9624 237.5642
March 237.3059 230.1881 233.6915
April 238.2483 230.6280 234.7946
May 240.4516 235.8332 238.5676
June 239.8768 232.7129 236.3004
July 233.2789 230.8129 231.9800
August 232.8897 229.0027 230.9739
September 233.1429 227.1974 231.0631
October 229.1766 226.2491 227.5349
November 227.9086 219.7251 223.8013
December 223.2727 220.6265 221.9779