YEARLY HIGH
18.5721 DKK
YEARLY LOW
16.0467 DKK
YEARLY AVERAGE
17.3401 DKK

2020 BHD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 18.5721. Conversely, the yearly low was recorded on December 30, dropping to 16.0467.

This high-to-low spread represents a total annual volatility of 2.5254 DKK. From a start-to-finish perspective, comparing the January average rate of 17.8507 to the December average rate of 16.2125, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.5721 was up 2.22% compared to the 2019 peak of 18.1689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,860 DKK
2019 Average 88,467 DKK
Yearly Trough Low 80,233 DKK
Transaction Impact: A difference of 12,626.99 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.3830
16.0152
JanuMarcMayJulySeptNove

BHD 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 17.9570, compared to 16.7232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2338 points.

H1 Avg (Jan–Jun) 17.9570
H2 Avg (Jul–Dec) 16.7232

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1965 DKK (High: 18.5721 / Low: 17.3756). On the other end, August was the most stable month, with a tight range of 0.2994 DKK (High: 16.8324 / Low: 16.5330).

March Spread (Volatile) ±1.1965
August Spread (Stable) ±0.2994

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 July and August, when the average rate fell by 0.5417 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 17.9012) against the same month in 2019 (average: 17.5212), the exchange rate shifted by +0.3800 (+2.17%).

2020 Avg (March) 17.9012
2019 Avg (March) 17.5212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.9989 17.5942 17.8507
February 18.3626 17.8638 18.1566
March 18.5721 17.3756 17.9012
April 18.3205 18.0192 18.1856
May 18.2893 17.7795 18.0945
June 17.7503 17.3642 17.5531
July 17.5879 16.6312 17.2368
August 16.8324 16.5330 16.6951
September 16.9701 16.5628 16.7461
October 16.9492 16.6392 16.7757
November 16.9669 16.4875 16.6730
December 16.3526 16.0467 16.2125