2021 NOK to DKK Historical Review

YEARLY HIGH

0.7678 DKK

YEARLY LOW

0.7012 DKK

YEARLY AVERAGE

0.7316 DKK

2021 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.7678. Conversely, the yearly low was recorded on July 20, dropping to 0.7012.

This high-to-low spread represents a total annual volatility of 0.0666 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7173 to the December average rate of 0.7332, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7678 was up 0.94% compared to the 2020 peak of 0.7606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,839 DKK

2020 Average 3,478 DKK

Yearly Trough Low 3,506 DKK

Transaction Impact: A difference of 332.76 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7622

0.7092

JanuMarcMayJulySeptNove

NOK 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 0.7306, compared to 0.7325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.7306

H2 Avg (Jul–Dec) 0.7325

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0374 DKK (High: 0.7614 / Low: 0.7240). On the other end, April was the most stable month, with a tight range of 0.0149 DKK (High: 0.7496 / Low: 0.7347).

November Spread (Volatile) ±0.0374

April Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between January and April, 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 0.0159 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.7578) against the same month in 2020 (average: 0.6806), the exchange rate shifted by +0.0772 (+11.34%).

2021 Avg (October) 0.7578

2020 Avg (October) 0.6806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7273	0.7058	0.7173
February	0.7305	0.7114	0.7228
March	0.7423	0.7213	0.7332
April	0.7496	0.7347	0.7406
May	0.7448	0.7270	0.7370
June	0.7388	0.7227	0.7328
July	0.7320	0.7012	0.7169
August	0.7268	0.7038	0.7137
September	0.7404	0.7215	0.7294
October	0.7678	0.7431	0.7578
November	0.7614	0.7240	0.7442
December	0.7467	0.7157	0.7332