YEARLY HIGH
0.0328 DKK
YEARLY LOW
0.0304 DKK
YEARLY AVERAGE
0.0317 DKK

2021 LKR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0328. Conversely, the yearly low was recorded on May 25, dropping to 0.0304.

This high-to-low spread represents a total annual volatility of 0.0023 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0325, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0328 was down 14.01% compared to the 2020 peak of 0.0381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164 DKK
2020 Average 176 DKK
Yearly Trough Low 152 DKK
Transaction Impact: A difference of 11.60 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0326
0.0309
JanuMarcMayJulySeptNove

LKR 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 0.0315, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0315
H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0018 DKK (High: 0.0327 / Low: 0.0309). On the other end, July was the most stable month, with a tight range of 0.0004 DKK (High: 0.0318 / Low: 0.0313).

January Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0323) against the same month in 2020 (average: 0.0340), the exchange rate shifted by -0.0017 (-5.08%).

2021 Avg (November) 0.0323
2020 Avg (November) 0.0340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0327 0.0309 0.0319
February 0.0321 0.0311 0.0316
March 0.0320 0.0312 0.0317
April 0.0322 0.0308 0.0315
May 0.0314 0.0304 0.0310
June 0.0315 0.0308 0.0311
July 0.0318 0.0313 0.0316
August 0.0319 0.0314 0.0317
September 0.0322 0.0312 0.0316
October 0.0323 0.0315 0.0319
November 0.0328 0.0318 0.0323
December 0.0328 0.0322 0.0325