YEARLY HIGH
3.2924 DKK
YEARLY LOW
2.9932 DKK
YEARLY AVERAGE
3.1203 DKK

2021 BZD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 3.2924. Conversely, the yearly low was recorded on January 6, dropping to 2.9932.

This high-to-low spread represents a total annual volatility of 0.2992 DKK. From a start-to-finish perspective, comparing the January average rate of 3.0309 to the December average rate of 3.2628, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.2924 was down 5.63% compared to the 2020 peak of 3.4890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,462 DKK
2020 Average 16,228 DKK
Yearly Trough Low 14,966 DKK
Transaction Impact: A difference of 1,496.01 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.2860
3.0077
JanuMarcMayJulySeptNove

BZD 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 3.0620, compared to 3.1787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1167 points.

H1 Avg (Jan–Jun) 3.0620
H2 Avg (Jul–Dec) 3.1787

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1156 DKK (High: 3.2924 / Low: 3.1768). On the other end, July was the most stable month, with a tight range of 0.0332 DKK (High: 3.1359 / Low: 3.1028).

November Spread (Volatile) ±0.1156
July Spread (Stable) ±0.0332

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 0.0478 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 3.2366) against the same month in 2020 (average: 3.1194), the exchange rate shifted by +0.1172 (+3.76%).

2021 Avg (November) 3.2366
2020 Avg (November) 3.1194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0555 2.9932 3.0309
February 3.0844 3.0326 3.0503
March 3.1476 3.0519 3.1024
April 3.1454 3.0403 3.0854
May 3.0724 3.0137 3.0376
June 3.1102 3.0194 3.0654
July 3.1359 3.1028 3.1208
August 3.1607 3.1080 3.1349
September 3.1876 3.1046 3.1342
October 3.2015 3.1594 3.1831
November 3.2924 3.1768 3.2366
December 3.2830 3.2434 3.2628