YEARLY HIGH
131.1869 MWK
YEARLY LOW
122.9196 MWK
YEARLY AVERAGE
127.1347 MWK

2021 DKK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 131.1869. Conversely, the yearly low was recorded on November 24, dropping to 122.9196.

This high-to-low spread represents a total annual volatility of 8.2673 MWK. From a start-to-finish perspective, comparing the January average rate of 126.4825 to the December average rate of 123.9259, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 131.1869 was up 3.08% compared to the 2020 peak of 127.2646, 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 655,934 MWK
2020 Average 570,236 MWK
Yearly Trough Low 614,598 MWK
Transaction Impact: A difference of 41,336.27 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

130.0648
123.3678
JanuMarcMayJulySeptNove

DKK to MWK 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 127.2737, compared to 126.9957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2781 points.

H1 Avg (Jan–Jun) 127.2737
H2 Avg (Jul–Dec) 126.9957

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 5.4399 MWK (High: 129.4449 / Low: 124.0050). On the other end, December was the most stable month, with a tight range of 1.1801 MWK (High: 124.4911 / Low: 123.3110).

April Spread (Volatile) ±5.4399
December Spread (Stable) ±1.1801

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.0806 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 129.5067) against the same month in 2020 (average: 107.7444), the exchange rate shifted by +21.7624 (+20.20%).

2021 Avg (May) 129.5067
2020 Avg (May) 107.7444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 127.7763 125.2266 126.4825
February 127.7397 124.0442 126.5256
March 126.7927 123.6628 125.1990
April 129.4449 124.0050 126.5693
May 131.1869 127.9369 129.5067
June 131.0359 126.8265 129.3591
July 129.9811 126.9083 128.4470
August 129.6954 127.4994 128.5691
September 129.9050 126.9297 128.7328
October 128.0703 126.4588 127.1899
November 127.3222 122.9196 125.1092
December 124.4911 123.3110 123.9259