YEARLY HIGH
1.4673 MAD
YEARLY LOW
1.3947 MAD
YEARLY AVERAGE
1.4298 MAD

2021 DKK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.4673. Conversely, the yearly low was recorded on November 24, dropping to 1.3947.

This high-to-low spread represents a total annual volatility of 0.0726 MAD. From a start-to-finish perspective, comparing the January average rate of 1.4570 to the December average rate of 1.4071, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4673 was down 3.41% compared to the 2020 peak of 1.5191, 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 7,336 MAD
2020 Average 7,263 MAD
Yearly Trough Low 6,973 MAD
Transaction Impact: A difference of 362.93 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4622
1.3995
JanuMarcMayJulySeptNove

DKK to MAD 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 1.4456, compared to 1.4140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 1.4456
H2 Avg (Jul–Dec) 1.4140

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0310 MAD (High: 1.4515 / Low: 1.4205). On the other end, July was the most stable month, with a tight range of 0.0100 MAD (High: 1.4269 / Low: 1.4169).

June Spread (Volatile) ±0.0310
July Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0138 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.4570) against the same month in 2020 (average: 1.4276), the exchange rate shifted by +0.0295 (+2.06%).

2021 Avg (January) 1.4570
2020 Avg (January) 1.4276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4673 1.4416 1.4570
February 1.4594 1.4492 1.4546
March 1.4519 1.4288 1.4408
April 1.4524 1.4304 1.4403
May 1.4554 1.4392 1.4462
June 1.4515 1.4205 1.4348
July 1.4269 1.4169 1.4218
August 1.4251 1.4124 1.4195
September 1.4263 1.4073 1.4195
October 1.4218 1.4030 1.4115
November 1.4176 1.3947 1.4048
December 1.4192 1.3972 1.4071