YEARLY HIGH
34.6865 GYD
YEARLY LOW
31.5156 GYD
YEARLY AVERAGE
33.2766 GYD

2021 DKK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 34.6865. Conversely, the yearly low was recorded on November 25, dropping to 31.5156.

This high-to-low spread represents a total annual volatility of 3.1709 GYD. From a start-to-finish perspective, comparing the January average rate of 34.2316 to the December average rate of 31.8106, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 34.6865 was up 0.31% compared to the 2020 peak of 34.5796, 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 173,433 GYD
2020 Average 160,122 GYD
Yearly Trough Low 157,578 GYD
Transaction Impact: A difference of 15,854.47 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

34.4736
31.5685
JanuMarcMayJulySeptNove

DKK to GYD 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 33.8947, compared to 32.6585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2361 points.

H1 Avg (Jan–Jun) 33.8947
H2 Avg (Jul–Dec) 32.6585

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1738 GYD (High: 32.6895 / Low: 31.5156). On the other end, July was the most stable month, with a tight range of 0.3374 GYD (High: 33.4053 / Low: 33.0678).

November Spread (Volatile) ±1.1738
July Spread (Stable) ±0.3374

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 0.6000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 34.2316) against the same month in 2020 (average: 31.0347), the exchange rate shifted by +3.1968 (+10.30%).

2021 Avg (January) 34.2316
2020 Avg (January) 31.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.6865 33.9658 34.2316
February 34.2318 33.6496 34.0192
March 34.0086 32.9783 33.4640
April 34.1381 32.9978 33.6518
May 34.4154 33.7831 34.1549
June 34.3570 33.3669 33.8465
July 33.4053 33.0678 33.2465
August 33.3956 32.8387 33.0963
September 33.4316 32.5404 33.1041
October 32.8531 32.4196 32.6040
November 32.6895 31.5156 32.0897
December 31.9863 31.6018 31.8106