YEARLY HIGH
0.3880 DKK
YEARLY LOW
0.3144 DKK
YEARLY AVERAGE
0.3520 DKK

2022 MXN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.3880. Conversely, the yearly low was recorded on February 5, dropping to 0.3144.

This high-to-low spread represents a total annual volatility of 0.0736 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3206 to the December average rate of 0.3586, the exchange rate registered a net change of 11.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3880 was up 20.86% compared to the 2021 peak of 0.3210, 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 19,399 DKK
2021 Average 15,506 DKK
Yearly Trough Low 15,720 DKK
Transaction Impact: A difference of 3,678.69 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3843
0.3148
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 0.3362, compared to 0.3678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 0.3362
H2 Avg (Jul–Dec) 0.3678

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0225 DKK (High: 0.3746 / Low: 0.3521). On the other end, January was the most stable month, with a tight range of 0.0033 DKK (High: 0.3223 / Low: 0.3190).

August Spread (Volatile) ±0.0225
January Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0157 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.3742) against the same month in 2021 (average: 0.3123), the exchange rate shifted by +0.0619 (+19.82%).

2022 Avg (November) 0.3742
2021 Avg (November) 0.3123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3223 0.3190 0.3206
February 0.3250 0.3144 0.3206
March 0.3381 0.3197 0.3292
April 0.3483 0.3384 0.3427
May 0.3561 0.3457 0.3516
June 0.3560 0.3455 0.3524
July 0.3598 0.3517 0.3560
August 0.3746 0.3521 0.3652
September 0.3804 0.3701 0.3744
October 0.3839 0.3695 0.3785
November 0.3880 0.3683 0.3742
December 0.3690 0.3537 0.3586