YEARLY HIGH
305.2205 MMK
YEARLY LOW
214.7697 MMK
YEARLY AVERAGE
255.9287 MMK

2021 DKK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 305.2205. Conversely, the yearly low was recorded on February 2, dropping to 214.7697.

This high-to-low spread represents a total annual volatility of 90.4508 MMK. From a start-to-finish perspective, comparing the January average rate of 217.6917 to the December average rate of 270.6768, the exchange rate registered a net change of 24.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 305.2205 was up 35.04% compared to the 2020 peak of 226.0227, 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 1,526,102 MMK
2020 Average 1,052,379 MMK
Yearly Trough Low 1,073,849 MMK
Transaction Impact: A difference of 452,253.79 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

302.0054
210.0268
JanuMarcMayJulySeptNove

DKK to MMK 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 238.3304, compared to 273.5269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.1965 points.

H1 Avg (Jan–Jun) 238.3304
H2 Avg (Jul–Dec) 273.5269

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 33.5053 MMK (High: 295.0074 / Low: 261.5021). On the other end, July was the most stable month, with a tight range of 2.7824 MMK (High: 263.1786 / Low: 260.3962).

September Spread (Volatile) ±33.5053
July Spread (Stable) ±2.7824

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 20.0577 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.0577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 294.3405) against the same month in 2020 (average: 204.2758), the exchange rate shifted by +90.0648 (+44.09%).

2021 Avg (October) 294.3405
2020 Avg (October) 204.2758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 219.3541 215.8512 217.6917
February 230.6590 214.7697 227.8836
March 229.2044 222.2421 225.5214
April 254.1432 222.4249 231.5252
May 270.9594 251.5262 260.9436
June 270.4518 262.5393 266.4168
July 263.1786 260.3962 261.6734
August 262.7385 258.3543 260.4909
September 295.0074 261.5021 279.6971
October 305.2205 278.9243 294.3405
November 285.2392 268.5036 274.2828
December 272.2989 268.9870 270.6768