YEARLY HIGH
3.5561 SCR
YEARLY LOW
1.9352 SCR
YEARLY AVERAGE
2.5787 SCR

2021 DKK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.5561. Conversely, the yearly low was recorded on November 25, dropping to 1.9352.

This high-to-low spread represents a total annual volatility of 1.6209 SCR. From a start-to-finish perspective, comparing the January average rate of 3.4734 to the December average rate of 2.0481, the exchange rate registered a net change of -41.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.5561 was up 1.47% compared to the 2020 peak of 3.5047, 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 17,780 SCR
2020 Average 13,204 SCR
Yearly Trough Low 9,676 SCR
Transaction Impact: A difference of 8,104.61 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6159
1.9055
JanuMarcMayJulySeptNove

DKK to SCR 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 3.0108, compared to 2.1467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8642 points.

H1 Avg (Jan–Jun) 3.0108
H2 Avg (Jul–Dec) 2.1467

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.0395 SCR (High: 3.2885 / Low: 2.2490). On the other end, February was the most stable month, with a tight range of 0.1032 SCR (High: 3.5056 / Low: 3.4023).

April Spread (Volatile) ±1.0395
February Spread (Stable) ±0.1032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7229 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 3.4734) against the same month in 2020 (average: 2.0301), the exchange rate shifted by +1.4433 (+71.10%).

2021 Avg (January) 3.4734
2020 Avg (January) 2.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.5561 3.4419 3.4734
February 3.5056 3.4023 3.4430
March 3.4511 3.2278 3.3863
April 3.2885 2.2490 2.6634
May 2.7133 2.3938 2.5758
June 2.7107 2.3591 2.5230
July 2.6123 2.1520 2.3526
August 2.4198 2.0244 2.1742
September 2.2167 2.0180 2.0782
October 2.3300 1.9944 2.1549
November 2.2628 1.9352 2.0720
December 2.2730 1.9444 2.0481