YEARLY HIGH
1.7395 DKK
YEARLY LOW
1.5249 DKK
YEARLY AVERAGE
1.6232 DKK

2021 PEN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 1.7395. Conversely, the yearly low was recorded on September 5, dropping to 1.5249.

This high-to-low spread represents a total annual volatility of 0.2146 DKK. From a start-to-finish perspective, comparing the January average rate of 1.6851 to the December average rate of 1.6267, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7395 was down 15.23% compared to the 2020 peak of 2.0521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,698 DKK
2020 Average 9,370 DKK
Yearly Trough Low 7,625 DKK
Transaction Impact: A difference of 1,072.99 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7016
1.5230
JanuMarcMayJulySeptNove

PEN 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 1.6579, compared to 1.5885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0694 points.

H1 Avg (Jan–Jun) 1.6579
H2 Avg (Jul–Dec) 1.5885

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1351 DKK (High: 1.7395 / Low: 1.6044). On the other end, March was the most stable month, with a tight range of 0.0181 DKK (High: 1.6943 / Low: 1.6763).

April Spread (Volatile) ±0.1351
March Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between September and December, 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 0.0611 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.6855) against the same month in 2020 (average: 2.0192), the exchange rate shifted by -0.3337 (-16.53%).

2021 Avg (April) 1.6855
2020 Avg (April) 2.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7065 1.6624 1.6851
February 1.7065 1.6740 1.6867
March 1.6943 1.6763 1.6863
April 1.7395 1.6044 1.6855
May 1.6829 1.5836 1.6244
June 1.6033 1.5574 1.5792
July 1.6218 1.5769 1.5972
August 1.5973 1.5392 1.5495
September 1.5542 1.5249 1.5379
October 1.6377 1.5493 1.5969
November 1.6526 1.5951 1.6226
December 1.6509 1.6068 1.6267