YEARLY HIGH
8.0748 PHP
YEARLY LOW
7.5373 PHP
YEARLY AVERAGE
7.8346 PHP

2021 DKK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 8.0748. Conversely, the yearly low was recorded on December 18, dropping to 7.5373.

This high-to-low spread represents a total annual volatility of 0.5375 PHP. From a start-to-finish perspective, comparing the January average rate of 7.8655 to the December average rate of 7.6493, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.0748 was up 1.72% compared to the 2020 peak of 7.9380, 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 40,374 PHP
2020 Average 37,960 PHP
Yearly Trough Low 37,686 PHP
Transaction Impact: A difference of 2,687.53 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.9875
7.6186
JanuMarcMayJulySeptNove

DKK to PHP 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 7.8155, compared to 7.8537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0382 points.

H1 Avg (Jan–Jun) 7.8155
H2 Avg (Jul–Dec) 7.8537

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3173 PHP (High: 7.9039 / Low: 7.5866). On the other end, October was the most stable month, with a tight range of 0.0973 PHP (High: 7.9461 / Low: 7.8488).

November Spread (Volatile) ±0.3173
October Spread (Stable) ±0.0973

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 October and November, when the average rate fell by 0.1829 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 7.9568) against the same month in 2020 (average: 7.6030), the exchange rate shifted by +0.3537 (+4.65%).

2021 Avg (July) 7.9568
2020 Avg (July) 7.6030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.9685 7.7999 7.8655
February 8.0062 7.7359 7.8542
March 7.8773 7.6472 7.7646
April 7.9136 7.6769 7.7913
May 7.9247 7.7435 7.8215
June 7.8460 7.7365 7.7957
July 8.0748 7.8363 7.9568
August 8.0344 7.7293 7.9440
September 8.0365 7.8927 7.9463
October 7.9461 7.8488 7.9043
November 7.9039 7.5866 7.7214
December 7.8107 7.5373 7.6493