YEARLY HIGH
0.0924 DKK
YEARLY LOW
0.0783 DKK
YEARLY AVERAGE
0.0851 DKK

2020 AFN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0924. Conversely, the yearly low was recorded on December 30, dropping to 0.0783.

This high-to-low spread represents a total annual volatility of 0.0141 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0872 to the December average rate of 0.0793, the exchange rate registered a net change of -9.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0924 was up 4.03% compared to the 2019 peak of 0.0888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462 DKK
2019 Average 428 DKK
Yearly Trough Low 391 DKK
Transaction Impact: A difference of 70.64 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0912
0.0782
JanuMarcMayJulySeptNove

AFN 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 0.0883, compared to 0.0819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.0883
H2 Avg (Jul–Dec) 0.0819

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0063 DKK (High: 0.0924 / Low: 0.0861). On the other end, October was the most stable month, with a tight range of 0.0016 DKK (High: 0.0832 / Low: 0.0816).

March Spread (Volatile) ±0.0063
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and October, 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 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0886) against the same month in 2019 (average: 0.0876), the exchange rate shifted by +0.0010 (+1.14%).

2020 Avg (March) 0.0886
2019 Avg (March) 0.0876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0887 0.0853 0.0872
February 0.0898 0.0868 0.0890
March 0.0924 0.0861 0.0886
April 0.0913 0.0886 0.0901
May 0.0906 0.0876 0.0894
June 0.0874 0.0849 0.0857
July 0.0859 0.0816 0.0843
August 0.0825 0.0806 0.0817
September 0.0832 0.0813 0.0822
October 0.0832 0.0816 0.0823
November 0.0832 0.0807 0.0817
December 0.0801 0.0783 0.0793