2021 ZAR to DKK Historical Review

YEARLY HIGH

0.4554 DKK

YEARLY LOW

0.3928 DKK

YEARLY AVERAGE

0.4256 DKK

2021 ZAR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.4554. Conversely, the yearly low was recorded on January 7, dropping to 0.3928.

This high-to-low spread represents a total annual volatility of 0.0626 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4044 to the December average rate of 0.4143, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4554 was down 4.20% compared to the 2020 peak of 0.4753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 22,768 DKK

2020 Average 19,957 DKK

Yearly Trough Low 19,640 DKK

Transaction Impact: A difference of 3,128.60 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4479

0.4004

JanuMarcMayJulySeptNove

ZAR 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 0.4248, compared to 0.4265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.4248

H2 Avg (Jul–Dec) 0.4265

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0266 DKK (High: 0.4303 / Low: 0.4037). On the other end, April was the most stable month, with a tight range of 0.0120 DKK (High: 0.4386 / Low: 0.4266).

November Spread (Volatile) ±0.0266

April Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0119 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4439) against the same month in 2020 (average: 0.3869), the exchange rate shifted by +0.0570 (+14.72%).

2021 Avg (June) 0.4439

2020 Avg (June) 0.3869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4155	0.3928	0.4044
February	0.4242	0.4069	0.4164
March	0.4290	0.4039	0.4172
April	0.4386	0.4266	0.4310
May	0.4432	0.4268	0.4356
June	0.4554	0.4354	0.4439
July	0.4416	0.4254	0.4335
August	0.4377	0.4149	0.4272
September	0.4451	0.4212	0.4335
October	0.4431	0.4210	0.4313
November	0.4303	0.4037	0.4193
December	0.4224	0.4074	0.4143