YEARLY HIGH
7.0132 DKK
YEARLY LOW
6.0505 DKK
YEARLY AVERAGE
6.5404 DKK

2020 BYN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BYN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 7.0132. Conversely, the yearly low was recorded on December 30, dropping to 6.0505.

This high-to-low spread represents a total annual volatility of 0.9627 DKK. From a start-to-finish perspective, comparing the January average rate of 6.7303 to the December average rate of 6.1129, the exchange rate registered a net change of -9.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.0132 was up 2.38% compared to the 2019 peak of 6.8502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,066 DKK
2019 Average 33,349 DKK
Yearly Trough Low 30,252 DKK
Transaction Impact: A difference of 4,813.64 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.9418
6.0375
JanuMarcMayJulySeptNove

BYN 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 6.7752, compared to 6.3056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4697 points.

H1 Avg (Jan–Jun) 6.7752
H2 Avg (Jul–Dec) 6.3056

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4630 DKK (High: 7.0132 / Low: 6.5502). On the other end, August was the most stable month, with a tight range of 0.1134 DKK (High: 6.3461 / Low: 6.2327).

March Spread (Volatile) ±0.4630
August Spread (Stable) ±0.1134

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 0.2092 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 6.7527) against the same month in 2019 (average: 6.6052), the exchange rate shifted by +0.1475 (+2.23%).

2020 Avg (March) 6.7527
2019 Avg (March) 6.6052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7849 6.6593 6.7303
February 6.9228 6.7348 6.8442
March 7.0132 6.5502 6.7527
April 6.9212 6.7943 6.8665
May 6.9090 6.7057 6.8334
June 6.7015 6.5579 6.6243
July 6.6314 6.2702 6.4999
August 6.3461 6.2327 6.2943
September 6.4005 6.2433 6.3141
October 6.3917 6.2738 6.3257
November 6.3975 6.2167 6.2867
December 6.1662 6.0505 6.1129