2022 MYR to DKK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MYR to DKK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MYR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1.6808. Conversely, the yearly low was recorded on November 13, dropping to 1.5516.
This high-to-low spread represents a total annual volatility of 0.1292 DKK. From a start-to-finish perspective, comparing the January average rate of 1.5691 to the December average rate of 1.5918, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.6808 was up 6.35% compared to the 2021 peak of 1.5805, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.5942, compared to 1.6214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0273 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.0876 DKK (High: 1.6473 / Low: 1.5597). On the other end, February was the most stable month, with a tight range of 0.0301 DKK (High: 1.5846 / Low: 1.5545).
Growth Streaks & Declines
TrendsBetween June and September, 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 September and October, when the average rate fell by 0.0423 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 1.6544) against the same month in 2021 (average: 1.5166), the exchange rate shifted by +0.1378 (+9.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5934 | 1.5539 | 1.5691 |
| February | 1.5846 | 1.5545 | 1.5668 |
| March | 1.6398 | 1.5849 | 1.6104 |
| April | 1.6249 | 1.5912 | 1.6125 |
| May | 1.6318 | 1.5760 | 1.6059 |
| June | 1.6188 | 1.5757 | 1.6003 |
| July | 1.6728 | 1.6160 | 1.6443 |
| August | 1.6754 | 1.6209 | 1.6469 |
| September | 1.6808 | 1.6297 | 1.6544 |
| October | 1.6473 | 1.5597 | 1.6122 |
| November | 1.6087 | 1.5516 | 1.5791 |
| December | 1.6218 | 1.5769 | 1.5918 |