YEARLY HIGH
3415.2421 STD
YEARLY LOW
3184.7990 STD
YEARLY AVERAGE
3295.8942 STD

2021 DKK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 3415.2421. Conversely, the yearly low was recorded on November 16, dropping to 3184.7990.

This high-to-low spread represents a total annual volatility of 230.4430 STD. From a start-to-finish perspective, comparing the January average rate of 3346.7941 to the December average rate of 3225.4358, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3415.2421 was down 0.45% compared to the 2020 peak of 3430.5942, 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 17,076,210 STD
2020 Average 16,465,203 STD
Yearly Trough Low 15,923,995 STD
Transaction Impact: A difference of 1,152,215.24 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3403.4323
3209.2543
JanuMarcMayJulySeptNove

DKK to STD 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 3332.2958, compared to 3259.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 72.8033 points.

H1 Avg (Jan–Jun) 3332.2958
H2 Avg (Jul–Dec) 3259.4925

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 159.7281 STD (High: 3406.7978 / Low: 3247.0697). On the other end, December was the most stable month, with a tight range of 42.7388 STD (High: 3249.1422 / Low: 3206.4034).

June Spread (Volatile) ±159.7281
December Spread (Stable) ±42.7388

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 May and June, when the average rate fell by 66.2186 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -66.2186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 3387.2508) against the same month in 2020 (average: 3227.0968), the exchange rate shifted by +160.1540 (+4.96%).

2021 Avg (May) 3387.2508
2020 Avg (May) 3227.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3397.0370 3320.1354 3346.7941
February 3338.0704 3290.7115 3314.3356
March 3324.0568 3241.0822 3287.8680
April 3384.3706 3294.8383 3336.4942
May 3415.2421 3348.7387 3387.2508
June 3406.7978 3247.0697 3321.0322
July 3309.0359 3255.8334 3277.2097
August 3304.1762 3252.4102 3281.6378
September 3316.3036 3229.2172 3282.0294
October 3291.0621 3245.8285 3264.3012
November 3272.8074 3184.7990 3226.3412
December 3249.1422 3206.4034 3225.4358