YEARLY HIGH
0.0394 DKK
YEARLY LOW
0.0340 DKK
YEARLY AVERAGE
0.0367 DKK

2020 DJF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0394. Conversely, the yearly low was recorded on December 30, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0054 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0378 to the December average rate of 0.0343, 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 0.0394 was down 11.24% compared to the 2019 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197 DKK
2019 Average 187 DKK
Yearly Trough Low 170 DKK
Transaction Impact: A difference of 27.05 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0390
0.0339
JanuMarcMayJulySeptNove

DJF 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 0.0381, compared to 0.0354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0381
H2 Avg (Jul–Dec) 0.0354

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0026 DKK (High: 0.0394 / Low: 0.0368). On the other end, August was the most stable month, with a tight range of 0.0006 DKK (High: 0.0356 / Low: 0.0351).

March Spread (Volatile) ±0.0026
August Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0379) against the same month in 2019 (average: 0.0371), the exchange rate shifted by +0.0008 (+2.23%).

2020 Avg (March) 0.0379
2019 Avg (March) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0381 0.0374 0.0378
February 0.0389 0.0378 0.0384
March 0.0394 0.0368 0.0379
April 0.0389 0.0382 0.0386
May 0.0388 0.0377 0.0384
June 0.0376 0.0368 0.0372
July 0.0372 0.0352 0.0365
August 0.0356 0.0351 0.0354
September 0.0359 0.0351 0.0355
October 0.0359 0.0352 0.0355
November 0.0359 0.0349 0.0353
December 0.0346 0.0340 0.0343