YEARLY HIGH
0.0007 DKK
YEARLY LOW
0.0006 DKK
YEARLY AVERAGE
0.0006 DKK

2021 GNF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0007. Conversely, the yearly low was recorded on January 5, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0007, the exchange rate registered a net change of 16.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0007 was down 4.08% compared to the 2020 peak of 0.0007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GNF based on timing:

Yearly Peak High 4 DKK
2020 Average 3 DKK
Yearly Trough Low 3 DKK
Transaction Impact: A difference of 0.61 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0007
0.0006
JanuMarcMayJulySeptNove

GNF to DKK 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 0.0006, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0000 DKK (High: 0.0007 / Low: 0.0007). On the other end, May was the most stable month, with a tight range of 0.0000 DKK (High: 0.0006 / Low: 0.0006).

November Spread (Volatile) ±0.0000
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0007) against the same month in 2020 (average: 0.0006), the exchange rate shifted by +0.0001 (+13.67%).

2021 Avg (December) 0.0007
2020 Avg (December) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0006 0.0006
February 0.0006 0.0006 0.0006
March 0.0006 0.0006 0.0006
April 0.0006 0.0006 0.0006
May 0.0006 0.0006 0.0006
June 0.0006 0.0006 0.0006
July 0.0006 0.0006 0.0006
August 0.0007 0.0006 0.0006
September 0.0007 0.0006 0.0006
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007