YEARLY HIGH
15.3753 CVE
YEARLY LOW
14.6376 CVE
YEARLY AVERAGE
14.8815 CVE

2021 DKK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 15.3753. Conversely, the yearly low was recorded on June 17, dropping to 14.6376.

This high-to-low spread represents a total annual volatility of 0.7377 CVE. From a start-to-finish perspective, comparing the January average rate of 14.8833 to the December average rate of 14.8982, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.3753 was down 59.23% compared to the 2020 peak of 37.7109, 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 76,877 CVE
2020 Average 74,576 CVE
Yearly Trough Low 73,188 CVE
Transaction Impact: A difference of 3,688.53 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.9056
14.8368
JanuMarcMayJulySeptNove

DKK to CVE 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 14.8921, compared to 14.8710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 14.8921
H2 Avg (Jul–Dec) 14.8710

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.7377 CVE (High: 15.3753 / Low: 14.6376). On the other end, December was the most stable month, with a tight range of 0.0934 CVE (High: 14.9473 / Low: 14.8539).

June Spread (Volatile) ±0.7377
December Spread (Stable) ±0.0934

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0535 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 14.8875) against the same month in 2020 (average: 14.8535), the exchange rate shifted by +0.0340 (+0.23%).

2021 Avg (June) 14.8875
2020 Avg (June) 14.8535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9687 14.8311 14.8833
February 14.9472 14.8306 14.8906
March 14.9754 14.8390 14.8919
April 15.0162 14.7753 14.8999
May 15.1050 14.7747 14.8994
June 15.3753 14.6376 14.8875
July 14.9873 14.8430 14.8960
August 14.9357 14.7623 14.8425
September 14.9063 14.7981 14.8614
October 14.9662 14.7116 14.8683
November 14.9604 14.6877 14.8595
December 14.9473 14.8539 14.8982