2021 DKK to NGN Historical Review

YEARLY HIGH

67.9363 NGN

YEARLY LOW

60.2372 NGN

YEARLY AVERAGE

64.1385 NGN

2021 DKK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 67.9363. Conversely, the yearly low was recorded on April 3, dropping to 60.2372.

This high-to-low spread represents a total annual volatility of 7.6991 NGN. From a start-to-finish perspective, comparing the January average rate of 63.4523 to the December average rate of 62.5171, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 67.9363 was up 4.91% compared to the 2020 peak of 64.7560, 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 339,681 NGN

2020 Average 291,350 NGN

Yearly Trough Low 301,186 NGN

Transaction Impact: A difference of 38,495.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

67.0198

61.6229

JanuMarcMayJulySeptNove

DKK to NGN 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 64.0634, compared to 64.2135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1501 points.

H1 Avg (Jan–Jun) 64.0634

H2 Avg (Jul–Dec) 64.2135

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 6.4940 NGN (High: 67.9363 / Low: 61.4423). On the other end, July was the most stable month, with a tight range of 0.7232 NGN (High: 65.7950 / Low: 65.0718).

May Spread (Volatile) ±6.4940

July Spread (Stable) ±0.7232

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 February and March, when the average rate fell by 1.3379 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 66.0332) against the same month in 2020 (average: 56.9489), the exchange rate shifted by +9.0843 (+15.95%).

2021 Avg (May) 66.0332

2020 Avg (May) 56.9489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.1264	61.8776	63.4523
February	67.2078	61.4944	63.4105
March	65.6761	60.2620	62.0727
April	66.2722	60.2372	62.8416
May	67.9363	61.4423	66.0332
June	67.6493	65.3951	66.5700
July	65.7950	65.0718	65.3893
August	65.7102	64.6163	65.1323
September	65.7769	64.0008	65.1473
October	64.4939	63.7322	64.0724
November	64.2916	61.8562	63.0227
December	63.0633	61.9809	62.5171

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு