YEARLY HIGH
2.5459 ZAR
YEARLY LOW
2.1961 ZAR
YEARLY AVERAGE
2.3513 ZAR

2021 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.5459. Conversely, the yearly low was recorded on June 6, dropping to 2.1961.

This high-to-low spread represents a total annual volatility of 0.3498 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.4733 to the December average rate of 2.4141, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5459 was down 8.95% compared to the 2020 peak of 2.7960, 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 12,729 ZAR
2020 Average 12,600 ZAR
Yearly Trough Low 10,980 ZAR
Transaction Impact: A difference of 1,749.17 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4953
2.2312
JanuMarcMayJulySeptNove

DKK to ZAR 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 2.3570, compared to 2.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 2.3570
H2 Avg (Jul–Dec) 2.3457

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1529 ZAR (High: 2.4769 / Low: 2.3241). On the other end, April was the most stable month, with a tight range of 0.0643 ZAR (High: 2.3442 / Low: 2.2800).

November Spread (Volatile) ±0.1529
April Spread (Stable) ±0.0643

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0774 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.4733) against the same month in 2020 (average: 2.1405), the exchange rate shifted by +0.3328 (+15.55%).

2021 Avg (January) 2.4733
2020 Avg (January) 2.1405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5459 2.4065 2.4733
February 2.4574 2.3573 2.4019
March 2.4756 2.3310 2.3975
April 2.3442 2.2800 2.3201
May 2.3431 2.2563 2.2958
June 2.2969 2.1961 2.2532
July 2.3508 2.2645 2.3069
August 2.4101 2.2847 2.3412
September 2.3743 2.2466 2.3074
October 2.3753 2.2566 2.3192
November 2.4769 2.3241 2.3855
December 2.4547 2.3677 2.4141