YEARLY HIGH
0.7528 DKK
YEARLY LOW
0.7174 DKK
YEARLY AVERAGE
0.7329 DKK

2021 SEK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.7528. Conversely, the yearly low was recorded on November 27, dropping to 0.7174.

This high-to-low spread represents a total annual volatility of 0.0354 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7364 to the December average rate of 0.7232, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7528 was up 1.70% compared to the 2020 peak of 0.7402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,764 DKK
2020 Average 3,555 DKK
Yearly Trough Low 3,587 DKK
Transaction Impact: A difference of 176.78 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7423
0.7215
JanuMarcMayJulySeptNove

SEK 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 0.7343, compared to 0.7316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.7343
H2 Avg (Jul–Dec) 0.7316

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0354 DKK (High: 0.7528 / Low: 0.7174). On the other end, September was the most stable month, with a tight range of 0.0060 DKK (High: 0.7343 / Low: 0.7283).

November Spread (Volatile) ±0.0354
September Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0144 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.7376) against the same month in 2020 (average: 0.7278), the exchange rate shifted by +0.0098 (+1.34%).

2021 Avg (November) 0.7376
2020 Avg (November) 0.7278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7422 0.7321 0.7364
February 0.7418 0.7300 0.7373
March 0.7362 0.7264 0.7320
April 0.7357 0.7235 0.7314
May 0.7368 0.7299 0.7334
June 0.7403 0.7277 0.7350
July 0.7340 0.7241 0.7291
August 0.7307 0.7215 0.7280
September 0.7343 0.7283 0.7311
October 0.7490 0.7313 0.7406
November 0.7528 0.7174 0.7376
December 0.7267 0.7184 0.7232