YEARLY HIGH
0.0503 KWD
YEARLY LOW
0.0456 KWD
YEARLY AVERAGE
0.0480 KWD

2021 DKK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0503. Conversely, the yearly low was recorded on November 24, dropping to 0.0456.

This high-to-low spread represents a total annual volatility of 0.0047 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0460, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0503 was up 0.05% compared to the 2020 peak of 0.0503, 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 252 KWD
2020 Average 235 KWD
Yearly Trough Low 228 KWD
Transaction Impact: A difference of 23.44 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0500
0.0457
JanuMarcMayJulySeptNove

DKK to KWD 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 0.0489, compared to 0.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0489
H2 Avg (Jul–Dec) 0.0471

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0016 KWD (High: 0.0492 / Low: 0.0476). On the other end, December was the most stable month, with a tight range of 0.0005 KWD (High: 0.0463 / Low: 0.0458).

March Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0496) against the same month in 2020 (average: 0.0451), the exchange rate shifted by +0.0045 (+10.01%).

2021 Avg (January) 0.0496
2020 Avg (January) 0.0451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0503 0.0492 0.0496
February 0.0495 0.0488 0.0492
March 0.0492 0.0476 0.0484
April 0.0491 0.0477 0.0485
May 0.0495 0.0487 0.0491
June 0.0494 0.0480 0.0487
July 0.0481 0.0476 0.0478
August 0.0480 0.0473 0.0476
September 0.0480 0.0469 0.0476
October 0.0474 0.0468 0.0470
November 0.0471 0.0456 0.0464
December 0.0463 0.0458 0.0460