YEARLY HIGH
1.5805 DKK
YEARLY LOW
1.4657 DKK
YEARLY AVERAGE
1.5178 DKK

2021 MYR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1.5805. Conversely, the yearly low was recorded on May 25, dropping to 1.4657.

This high-to-low spread represents a total annual volatility of 0.1148 DKK. From a start-to-finish perspective, comparing the January average rate of 1.5134 to the December average rate of 1.5617, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5805 was down 5.24% compared to the 2020 peak of 1.6679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 31,610 DKK
2020 Average 31,126 DKK
Yearly Trough Low 29,315 DKK
Transaction Impact: A difference of 2,295.04 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5695
1.4761
JanuMarcMayJulySeptNove

MYR 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 1.5067, compared to 1.5289 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0223 points.

H1 Avg (JanтАУJun) 1.5067
H2 Avg (JulтАУDec) 1.5289

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0448 DKK (High: 1.5105 / Low: 1.4657). On the other end, February was the most stable month, with a tight range of 0.0194 DKK (High: 1.5312 / Low: 1.5118).

May Spread (Volatile) ┬▒0.0448
February Spread (Stable) ┬▒0.0194

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 0.0239 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.5600) against the same month in 2020 (average: 1.5294), the exchange rate shifted by +0.0306 (+2.00%).

2021 Avg (November) 1.5600
2020 Avg (November) 1.5294

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 1.5271 1.5007 1.5134
February 1.5312 1.5118 1.5192
March 1.5322 1.5056 1.5207
April 1.5278 1.4936 1.5078
May 1.5105 1.4657 1.4839
June 1.5141 1.4751 1.4949
July 1.5148 1.4772 1.4968
August 1.5164 1.4827 1.4975
September 1.5348 1.5062 1.5166
October 1.5545 1.5322 1.5409
November 1.5805 1.5416 1.5600
December 1.5737 1.5511 1.5617