YEARLY HIGH
0.4565 DKK
YEARLY LOW
0.3949 DKK
YEARLY AVERAGE
0.4257 DKK

2021 NAD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.4565. Conversely, the yearly low was recorded on January 11, dropping to 0.3949.

This high-to-low spread represents a total annual volatility of 0.0617 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4054 to the December average rate of 0.4136, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4565 was down 4.50% compared to the 2020 peak of 0.4781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 2,283 DKK
2020 Average 1,995 DKK
Yearly Trough Low 1,974 DKK
Transaction Impact: A difference of 308.38 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4507
0.4012
JanuMarcMayJulySeptNove

NAD 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 0.4254, compared to 0.4260 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0006 points.

H1 Avg (JanтАУJun) 0.4254
H2 Avg (JulтАУDec) 0.4260

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0418 DKK (High: 0.4468 / Low: 0.4050). On the other end, April was the most stable month, with a tight range of 0.0102 DKK (High: 0.4338 / Low: 0.4236).

November Spread (Volatile) ┬▒0.0418
April Spread (Stable) ┬▒0.0102

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0139 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4466) against the same month in 2020 (average: 0.3870), the exchange rate shifted by +0.0595 (+15.38%).

2021 Avg (June) 0.4466
2020 Avg (June) 0.3870

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 0.4159 0.3949 0.4054
February 0.4239 0.4089 0.4174
March 0.4290 0.4033 0.4174
April 0.4338 0.4236 0.4296
May 0.4429 0.4268 0.4360
June 0.4565 0.4360 0.4466
July 0.4390 0.4215 0.4327
August 0.4432 0.4152 0.4302
September 0.4412 0.4193 0.4262
October 0.4436 0.4211 0.4313
November 0.4468 0.4050 0.4218
December 0.4226 0.4063 0.4136