YEARLY HIGH
0.6822 MYR
YEARLY LOW
0.6327 MYR
YEARLY AVERAGE
0.6590 MYR

2021 DKK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.6822. Conversely, the yearly low was recorded on November 22, dropping to 0.6327.

This high-to-low spread represents a total annual volatility of 0.0495 MYR. From a start-to-finish perspective, comparing the January average rate of 0.6608 to the December average rate of 0.6403, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6822 was up 0.90% compared to the 2020 peak of 0.6761, 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 3,411 MYR
2020 Average 3,216 MYR
Yearly Trough Low 3,164 MYR
Transaction Impact: A difference of 247.67 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6773
0.6370
JanuMarcMayJulySeptNove

DKK to MYR 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 0.6638, compared to 0.6543 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0095 points.

H1 Avg (JanтАУJun) 0.6638
H2 Avg (JulтАУDec) 0.6543

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0202 MYR (High: 0.6822 / Low: 0.6620). On the other end, February was the most stable month, with a tight range of 0.0084 MYR (High: 0.6615 / Low: 0.6531).

May Spread (Volatile) ┬▒0.0202
February Spread (Stable) ┬▒0.0084

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 September and October, when the average rate fell by 0.0104 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.6740) against the same month in 2020 (average: 0.6350), the exchange rate shifted by +0.0389 (+6.13%).

2021 Avg (May) 0.6740
2020 Avg (May) 0.6350

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 0.6663 0.6548 0.6608
February 0.6615 0.6531 0.6582
March 0.6642 0.6527 0.6576
April 0.6695 0.6545 0.6632
May 0.6822 0.6620 0.6740
June 0.6779 0.6605 0.6690
July 0.6769 0.6601 0.6681
August 0.6744 0.6595 0.6678
September 0.6639 0.6516 0.6594
October 0.6527 0.6433 0.6490
November 0.6487 0.6327 0.6411
December 0.6447 0.6355 0.6403