YEARLY HIGH
0.1327 DKK
YEARLY LOW
0.1238 DKK
YEARLY AVERAGE
0.1277 DKK

2021 PHP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1327. Conversely, the yearly low was recorded on July 19, dropping to 0.1238.

This high-to-low spread represents a total annual volatility of 0.0088 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1271 to the December average rate of 0.1307, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1327 was down 3.32% compared to the 2020 peak of 0.1372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 33,168 DKK
2020 Average 32,943 DKK
Yearly Trough Low 30,961 DKK
Transaction Impact: A difference of 2,207.89 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1312
0.1252
JanuMarcMayJulySeptNove

PHP 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 0.1280, compared to 0.1274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1280
H2 Avg (Jul–Dec) 0.1274

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0053 DKK (High: 0.1318 / Low: 0.1265). On the other end, October was the most stable month, with a tight range of 0.0016 DKK (High: 0.1274 / Low: 0.1258).

November Spread (Volatile) ±0.0053
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between September and December, 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 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1307) against the same month in 2020 (average: 0.1271), the exchange rate shifted by +0.0036 (+2.84%).

2021 Avg (December) 0.1307
2020 Avg (December) 0.1271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1282 0.1255 0.1271
February 0.1293 0.1249 0.1273
March 0.1308 0.1269 0.1288
April 0.1303 0.1264 0.1284
May 0.1291 0.1262 0.1279
June 0.1293 0.1275 0.1283
July 0.1276 0.1238 0.1257
August 0.1294 0.1245 0.1259
September 0.1267 0.1244 0.1258
October 0.1274 0.1258 0.1265
November 0.1318 0.1265 0.1295
December 0.1327 0.1280 0.1307