YEARLY HIGH
6983.4742 IRR
YEARLY LOW
6364.8651 IRR
YEARLY AVERAGE
6706.5656 IRR

2021 DKK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 6983.4742. Conversely, the yearly low was recorded on November 24, dropping to 6364.8651.

This high-to-low spread represents a total annual volatility of 618.6091 IRR. From a start-to-finish perspective, comparing the January average rate of 6889.2374 to the December average rate of 6424.9356, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6983.4742 was down 30.29% compared to the 2020 peak of 10017.2543, 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 34,917,371 IRR
2020 Average 32,299,990 IRR
Yearly Trough Low 31,824,326 IRR
Transaction Impact: A difference of 3,093,045.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6935.6676
6378.5054
JanuMarcMayJulySeptNove

DKK to IRR 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 6822.9628, compared to 6590.1684 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 232.7944 points.

H1 Avg (JanтАУJun) 6822.9628
H2 Avg (JulтАУDec) 6590.1684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 233.3983 IRR (High: 6598.2634 / Low: 6364.8651). On the other end, July was the most stable month, with a tight range of 71.2864 IRR (High: 6739.0852 / Low: 6667.7989).

November Spread (Volatile) ┬▒233.3983
July Spread (Stable) ┬▒71.2864

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 114.1883 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -114.1883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6889.2374) against the same month in 2020 (average: 6256.3298), the exchange rate shifted by +632.9076 (+10.12%).

2021 Avg (January) 6889.2374
2020 Avg (January) 6256.3298

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 6983.4742 6830.4347 6889.2374
February 6889.4707 6775.3054 6847.3768
March 6842.5586 6636.7172 6736.1370
April 6871.3689 6656.9170 6772.3445
May 6934.4416 6799.0247 6877.7014
June 6917.2960 6717.0197 6814.9800
July 6739.0852 6667.7989 6700.7917
August 6727.8546 6617.4877 6674.2087
September 6744.8013 6570.8248 6680.3448
October 6635.0665 6538.9256 6580.8465
November 6598.2634 6364.8651 6479.8834
December 6464.9668 6384.3258 6424.9356