YEARLY HIGH
34.4939 ETB
YEARLY LOW
6.3559 ETB
YEARLY AVERAGE
7.0325 ETB

2021 DKK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 34.4939. Conversely, the yearly low was recorded on February 4, dropping to 6.3559.

This high-to-low spread represents a total annual volatility of 28.1380 ETB. From a start-to-finish perspective, comparing the January average rate of 6.4486 to the December average rate of 8.2652, the exchange rate registered a net change of 28.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 34.4939 was up 430.54% compared to the 2020 peak of 6.5016, 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 172,469 ETB
2020 Average 26,832 ETB
Yearly Trough Low 31,779 ETB
Transaction Impact: A difference of 140,689.94 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.4469
6.2670
JanuMarcMayJulySeptNove

DKK to ETB 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 6.6845, compared to 7.3804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6959 points.

H1 Avg (Jan–Jun) 6.6845
H2 Avg (Jul–Dec) 7.3804

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 27.2112 ETB (High: 34.4939 / Low: 7.2827). On the other end, July was the most stable month, with a tight range of 0.1379 ETB (High: 7.0951 / Low: 6.9572).

December Spread (Volatile) ±27.2112
July Spread (Stable) ±0.1379

Growth Streaks & Declines

Trends

Between March and June, 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 0.0325 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 8.2652) against the same month in 2020 (average: 6.3322), the exchange rate shifted by +1.9330 (+30.53%).

2021 Avg (December) 8.2652
2020 Avg (December) 6.3322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5222 6.3825 6.4486
February 6.5922 6.3559 6.4786
March 6.6044 6.3632 6.4772
April 6.8543 6.4945 6.6978
May 7.1598 6.8117 6.9653
June 7.1399 6.9077 7.0396
July 7.0951 6.9572 7.0071
August 7.2489 7.0277 7.1418
September 7.3452 7.2045 7.2914
October 7.4285 7.1821 7.2908
November 7.4009 7.1916 7.2861
December 34.4939 7.2827 8.2652