YEARLY HIGH
7.9380 PHP
YEARLY LOW
7.2867 PHP
YEARLY AVERAGE
7.5909 PHP

2020 DKK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 7.9380. Conversely, the yearly low was recorded on March 21, dropping to 7.2867.

This high-to-low spread represents a total annual volatility of 0.6513 PHP. From a start-to-finish perspective, comparing the January average rate of 7.5531 to the December average rate of 7.8661, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.9380 was down 2.07% compared to the 2019 peak of 8.1059, 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 39,690 PHP
2019 Average 38,816 PHP
Yearly Trough Low 36,433 PHP
Transaction Impact: A difference of 3,256.42 PHP purely based on transaction execution date.

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7.9149
7.3290
JanuMarcMayJulySeptNove

DKK to PHP 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 7.4745, compared to 7.7073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2328 points.

H1 Avg (Jan–Jun) 7.4745
H2 Avg (Jul–Dec) 7.7073

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4320 PHP (High: 7.7187 / Low: 7.2867). On the other end, June was the most stable month, with a tight range of 0.1331 PHP (High: 7.6393 / Low: 7.5062).

March Spread (Volatile) Âą0.4320
June Spread (Stable) Âą0.1331

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1643 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 7.8661) against the same month in 2019 (average: 7.5498), the exchange rate shifted by +0.3162 (+4.19%).

2020 Avg (December) 7.8661
2019 Avg (December) 7.5498

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Month High Low Average
January 7.6546 7.4847 7.5531
February 7.5738 7.3183 7.4237
March 7.7187 7.2867 7.5421
April 7.4746 7.3179 7.3778
May 7.5143 7.2984 7.3941
June 7.6393 7.5062 7.5561
July 7.8387 7.4801 7.6030
August 7.8243 7.6842 7.7488
September 7.7866 7.5731 7.6842
October 7.7325 7.5776 7.6676
November 7.7360 7.5723 7.6739
December 7.9380 7.7861 7.8661