YEARLY HIGH
0.3210 DKK
YEARLY LOW
0.2919 DKK
YEARLY AVERAGE
0.3101 DKK

2021 MXN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3210. Conversely, the yearly low was recorded on March 8, dropping to 0.2919.

This high-to-low spread represents a total annual volatility of 0.0291 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3061 to the December average rate of 0.3149, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3210 was down 13.76% compared to the 2020 peak of 0.3722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 16,050 DKK
2020 Average 15,307 DKK
Yearly Trough Low 14,593 DKK
Transaction Impact: A difference of 1,456.99 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3168
0.2996
JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 0.3058, compared to 0.3143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.3058
H2 Avg (Jul–Dec) 0.3143

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0185 DKK (High: 0.3104 / Low: 0.2919). On the other end, July was the most stable month, with a tight range of 0.0039 DKK (High: 0.3170 / Low: 0.3130).

March Spread (Volatile) ±0.0185
July Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.3149) against the same month in 2020 (average: 0.3064), the exchange rate shifted by +0.0084 (+2.75%).

2021 Avg (December) 0.3149
2020 Avg (December) 0.3064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3135 0.2976 0.3061
February 0.3078 0.2923 0.3029
March 0.3104 0.2919 0.3011
April 0.3117 0.3056 0.3099
May 0.3093 0.3050 0.3065
June 0.3153 0.3032 0.3084
July 0.3170 0.3130 0.3152
August 0.3178 0.3106 0.3146
September 0.3169 0.3114 0.3154
October 0.3176 0.3087 0.3137
November 0.3180 0.2999 0.3123
December 0.3210 0.3058 0.3149