YEARLY HIGH
2.8677 DKK
YEARLY LOW
2.4035 DKK
YEARLY AVERAGE
2.6173 DKK

2022 XCD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XCD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.8677. Conversely, the yearly low was recorded on January 13, dropping to 2.4035.

This high-to-low spread represents a total annual volatility of 0.4642 DKK. From a start-to-finish perspective, comparing the January average rate of 2.4322 to the December average rate of 2.5989, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8677 was up 16.76% compared to the 2021 peak of 2.4562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 14,339 DKK
2021 Average 11,638 DKK
Yearly Trough Low 12,018 DKK
Transaction Impact: A difference of 2,321.20 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8361
2.3907
JanuMarcMayJulySeptNove

XCD to DKK 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 2.5193, compared to 2.7152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1959 points.

H1 Avg (Jan–Jun) 2.5193
H2 Avg (Jul–Dec) 2.7152

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1839 DKK (High: 2.8243 / Low: 2.6404). On the other end, February was the most stable month, with a tight range of 0.0578 DKK (High: 2.4626 / Low: 2.4048).

November Spread (Volatile) ±0.1839
February Spread (Stable) ±0.0578

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1054 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.7781) against the same month in 2021 (average: 2.3377), the exchange rate shifted by +0.4405 (+18.84%).

2022 Avg (September) 2.7781
2021 Avg (September) 2.3377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4713 2.4035 2.4322
February 2.4626 2.4048 2.4278
March 2.5344 2.4657 2.5017
April 2.6217 2.4906 2.5454
May 2.6528 2.5553 2.6034
June 2.6431 2.5602 2.6052
July 2.7467 2.6382 2.7010
August 2.7696 2.6671 2.7207
September 2.8677 2.7165 2.7781
October 2.8374 2.7268 2.7990
November 2.8243 2.6404 2.6936
December 2.6292 2.5707 2.5989