YEARLY HIGH
612.4156 UGX
YEARLY LOW
537.2188 UGX
YEARLY AVERAGE
570.7623 UGX

2021 DKK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 612.4156. Conversely, the yearly low was recorded on December 18, dropping to 537.2188.

This high-to-low spread represents a total annual volatility of 75.1968 UGX. From a start-to-finish perspective, comparing the January average rate of 603.8993 to the December average rate of 540.4686, the exchange rate registered a net change of -10.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 612.4156 was up 1.53% compared to the 2020 peak of 603.1835, 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 3,062,078 UGX
2020 Average 2,845,882 UGX
Yearly Trough Low 2,686,094 UGX
Transaction Impact: A difference of 375,983.99 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

610.2424
534.1255
JanuMarcMayJulySeptNove

DKK to UGX 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 587.1040, compared to 554.4206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 32.6834 points.

H1 Avg (Jan–Jun) 587.1040
H2 Avg (Jul–Dec) 554.4206

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 18.7727 UGX (High: 582.8057 / Low: 564.0330). On the other end, December was the most stable month, with a tight range of 7.4357 UGX (High: 544.6544 / Low: 537.2188).

June Spread (Volatile) ±18.7727
December Spread (Stable) ±7.4357

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 October and November, when the average rate fell by 12.5811 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -12.5811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 603.8993) against the same month in 2020 (average: 546.5681), the exchange rate shifted by +57.3312 (+10.49%).

2021 Avg (January) 603.8993
2020 Avg (January) 546.5681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 612.4156 598.1582 603.8993
February 600.7769 589.3411 596.3518
March 594.9542 576.8875 585.7906
April 587.5870 577.7384 583.2661
May 585.0140 574.2606 580.3459
June 582.8057 564.0330 572.9701
July 568.6685 560.3691 564.6931
August 566.8441 554.8506 559.9085
September 563.7931 551.9098 558.7220
October 567.3324 551.7391 557.6563
November 554.8418 538.0399 545.0752
December 544.6544 537.2188 540.4686