YEARLY HIGH
2.9248 DKK
YEARLY LOW
2.6586 DKK
YEARLY AVERAGE
2.7760 DKK

2021 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 2.9248. Conversely, the yearly low was recorded on January 5, dropping to 2.6586.

This high-to-low spread represents a total annual volatility of 0.2661 DKK. From a start-to-finish perspective, comparing the January average rate of 2.6796 to the December average rate of 2.8790, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9248 was down 2.25% compared to the 2020 peak of 2.9920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,624 DKK
2020 Average 14,203 DKK
Yearly Trough Low 13,293 DKK
Transaction Impact: A difference of 1,330.68 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9092
2.6581
JanuMarcMayJulySeptNove

TOP 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 2.7192, compared to 2.8327 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1135 points.

H1 Avg (JanтАУJun) 2.7192
H2 Avg (JulтАУDec) 2.8327

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0854 DKK (High: 2.7714 / Low: 2.6859). On the other end, December was the most stable month, with a tight range of 0.0249 DKK (High: 2.8870 / Low: 2.8621).

March Spread (Volatile) ┬▒0.0854
December Spread (Stable) ┬▒0.0249

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0125 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.8883) against the same month in 2020 (average: 2.7320), the exchange rate shifted by +0.1563 (+5.72%).

2021 Avg (November) 2.8883
2020 Avg (November) 2.7320

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 2.7045 2.6586 2.6796
February 2.7110 2.6636 2.6790
March 2.7714 2.6859 2.7415
April 2.7604 2.7074 2.7315
May 2.7407 2.6991 2.7189
June 2.8009 2.7338 2.7649
July 2.8014 2.7651 2.7853
August 2.8124 2.7691 2.7913
September 2.8281 2.7821 2.8050
October 2.8821 2.8220 2.8473
November 2.9248 2.8528 2.8883
December 2.8870 2.8621 2.8790