YEARLY HIGH
29.5115 DJF
YEARLY LOW
26.8229 DJF
YEARLY AVERAGE
28.3219 DJF

2021 DKK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 29.5115. Conversely, the yearly low was recorded on November 24, dropping to 26.8229.

This high-to-low spread represents a total annual volatility of 2.6886 DJF. From a start-to-finish perspective, comparing the January average rate of 29.1497 to the December average rate of 27.0684, the exchange rate registered a net change of -7.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.5115 was up 0.29% compared to the 2020 peak of 29.4247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,558 DJF
2020 Average 136,347 DJF
Yearly Trough Low 134,115 DJF
Transaction Impact: A difference of 13,442.95 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.3579
26.8603
JanuMarcMayJulySeptNove

DKK to DJF 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 28.8486, compared to 27.7953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0534 points.

H1 Avg (Jan–Jun) 28.8486
H2 Avg (Jul–Dec) 27.7953

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9784 DJF (High: 27.8013 / Low: 26.8229). On the other end, December was the most stable month, with a tight range of 0.2923 DJF (High: 27.1981 / Low: 26.9058).

November Spread (Volatile) ±0.9784
December Spread (Stable) ±0.2923

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.5150 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 29.1497) against the same month in 2020 (average: 26.4516), the exchange rate shifted by +2.6982 (+10.20%).

2021 Avg (January) 29.1497
2020 Avg (January) 26.4516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5115 28.9016 29.1497
February 29.1226 28.6345 28.9539
March 28.9392 28.0592 28.4760
April 29.0487 28.0968 28.6232
May 29.3099 28.7484 29.0759
June 29.2505 28.3947 28.8131
July 28.4647 28.1633 28.2981
August 28.4145 27.9432 28.1771
September 28.4477 27.7062 28.1792
October 27.9543 27.5866 27.7475
November 27.8013 26.8229 27.3012
December 27.1981 26.9058 27.0684