YEARLY HIGH
0.8512 DKK
YEARLY LOW
0.7777 DKK
YEARLY AVERAGE
0.8091 DKK

2021 HKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.8512. Conversely, the yearly low was recorded on January 6, dropping to 0.7777.

This high-to-low spread represents a total annual volatility of 0.0735 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7884 to the December average rate of 0.8434, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8512 was down 5.79% compared to the 2020 peak of 0.9035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 21,280 DKK
2020 Average 21,075 DKK
Yearly Trough Low 19,441 DKK
Transaction Impact: A difference of 1,838.48 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8489
0.7829
JanuMarcMayJulySeptNove

HKD 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: JanтАУJun) was 0.7952, compared to 0.8230 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0278 points.

H1 Avg (JanтАУJun) 0.7952
H2 Avg (JulтАУDec) 0.8230

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0285 DKK (High: 0.8512 / Low: 0.8227). On the other end, July was the most stable month, with a tight range of 0.0083 DKK (High: 0.8133 / Low: 0.8050).

November Spread (Volatile) ┬▒0.0285
July Spread (Stable) ┬▒0.0083

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0118 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.8371) against the same month in 2020 (average: 0.8109), the exchange rate shifted by +0.0262 (+3.23%).

2021 Avg (November) 0.8371
2020 Avg (November) 0.8109

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 0.7950 0.7777 0.7884
February 0.8016 0.7881 0.7931
March 0.8159 0.7932 0.8051
April 0.8134 0.7894 0.8002
May 0.7971 0.7822 0.7884
June 0.8078 0.7844 0.7962
July 0.8133 0.8050 0.8093
August 0.8176 0.8057 0.8118
September 0.8252 0.8051 0.8120
October 0.8293 0.8187 0.8246
November 0.8512 0.8227 0.8371
December 0.8482 0.8388 0.8434