YEARLY HIGH
0.9889 DKK
YEARLY LOW
0.8946 DKK
YEARLY AVERAGE
0.9474 DKK

2020 CNY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.9889. Conversely, the yearly low was recorded on July 30, dropping to 0.8946.

This high-to-low spread represents a total annual volatility of 0.0943 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9720 to the December average rate of 0.9347, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9889 was down 0.70% compared to the 2019 peak of 0.9959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 24,723 DKK
2019 Average 24,140 DKK
Yearly Trough Low 22,366 DKK
Transaction Impact: A difference of 2,357.54 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9853
0.9012
JanuMarcMayJulySeptNove

CNY 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 0.9633, compared to 0.9316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 0.9633
H2 Avg (Jul–Dec) 0.9316

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0488 DKK (High: 0.9435 / Low: 0.8946). On the other end, August was the most stable month, with a tight range of 0.0135 DKK (High: 0.9139 / Low: 0.9004).

July Spread (Volatile) ±0.0488
August Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.9783) against the same month in 2019 (average: 0.9754), the exchange rate shifted by +0.0029 (+0.30%).

2020 Avg (February) 0.9783
2019 Avg (February) 0.9754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9824 0.9564 0.9720
February 0.9889 0.9621 0.9783
March 0.9866 0.9429 0.9609
April 0.9794 0.9599 0.9711
May 0.9748 0.9395 0.9620
June 0.9433 0.9249 0.9354
July 0.9435 0.8946 0.9271
August 0.9139 0.9004 0.9082
September 0.9380 0.9143 0.9266
October 0.9552 0.9294 0.9408
November 0.9590 0.9452 0.9521
December 0.9419 0.9275 0.9347