YEARLY HIGH
0.6071 AED
YEARLY LOW
0.5238 AED
YEARLY AVERAGE
0.5625 AED

2020 DKK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6071. Conversely, the yearly low was recorded on March 19, dropping to 0.5238.

This high-to-low spread represents a total annual volatility of 0.0833 AED. From a start-to-finish perspective, comparing the January average rate of 0.5458 to the December average rate of 0.6009, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6071 was up 6.80% compared to the 2019 peak of 0.5684, 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 3,035 AED
2019 Average 2,754 AED
Yearly Trough Low 2,619 AED
Transaction Impact: A difference of 416.69 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6075
0.5284
JanuMarcMayJulySeptNove

DKK to AED 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 0.5423, compared to 0.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0405 points.

H1 Avg (Jan–Jun) 0.5423
H2 Avg (Jul–Dec) 0.5827

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0370 AED (High: 0.5608 / Low: 0.5238). On the other end, April was the most stable month, with a tight range of 0.0099 AED (High: 0.5406 / Low: 0.5307).

March Spread (Volatile) ±0.0370
April Spread (Stable) ±0.0099

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 0.0092 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6009) against the same month in 2019 (average: 0.5463), the exchange rate shifted by +0.0546 (+10.00%).

2020 Avg (December) 0.6009
2019 Avg (December) 0.5463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5516 0.5414 0.5458
February 0.5454 0.5306 0.5367
March 0.5608 0.5238 0.5441
April 0.5406 0.5307 0.5349
May 0.5477 0.5316 0.5376
June 0.5601 0.5481 0.5545
July 0.5858 0.5539 0.5653
August 0.5893 0.5788 0.5836
September 0.5883 0.5739 0.5818
October 0.5855 0.5747 0.5807
November 0.5908 0.5741 0.5843
December 0.6071 0.5957 0.6009